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The Covid-19 crisis has impacts on the consumer wine consumption. Studies showed that the sale of local wine incresed. Join the Webinar on Wednesday 20 May to learn more about this topic.
The wine industry faces financial difficulties due to the Covid-19 crisis. To overcome those, the French government intend to support the sector.
There have been a lot of adaptation from both customers and the industry to the pandemic.
The e-commerce identified as a reliable way to purchase alcohol and might just be the next trend.
But the industry can only guess what a post coronavirus world will be.
The impact of the epidemic has consequences on wine and spirits competitions. The rules for geographical representation of jurors at International competitions was adressed by OIV.
The situation is similar in some countries: the lockdown leads to an increase of wine consumption. Local wine consumption it is.
Read the article about the situation in the US.
Trish Barry, founder of Mastermind Consulting shares a few tips to market wine during the Covid-19 epidemic.
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.
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