Jus Vini Blog
The OIV released some data about the impact of the Covid-19 crisis on the wine economy. It appears that Mediterranean countries are particulary affected by the current situation.
With lockdowns around the world, e-commerce increased severely regarding wine sales. Some says that it might be the new major way to buy alcohol worldwide.
The US is following the same path.
The OIV presented the state of the global wine production, consumption and international trade in 2019.
The Covid-19 crisis takes a serious place in those data as it may cut half of the wine sales in the EU.
According to the European Commission, registering and protecting a product as a GI is worthed : "the sales value of a product with a protected name is on average double that for similar products without a certification." There are 3 322 GIs registered in March 2020, and the number keeps growing.
Facing the lockdown situation, wine sales have been heavily impacted.
There is an opinon about the post-coronavirus situation.
The epidemic has a huge impact on the wine sector. Wether it is on export or local industries. See below:
Coronavirus’ Continued Brutal Impact On The Wine Business.
Wine exports positive but pandemic impacts yet to come.
One-third of Australia's wineries could go under because of coronavirus pandemic, industry warns.
According to Euromonitor, the E-commerce boost for alcohol during lockdown in China might perpetuate after the crisis.
The OIV just released its study about sparkling wine production and consumption worldwide for 2002 to 2018. This study updates the 2014 focus.
Lockdowns and measures to fight the spreading of Covid-19 have direct consequences on alcohol sales and shopping habits.
Could this crisis have an impact on wine retailing long term ?
One measure enforced with the lockdown in India is the closure of liquor shops, wholesale warehouses, bottling plants, distilleries and breweries.
Read the articles : economictimes.indiatimes
english.jagran
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