. GPS News .




.
FARM NEWS
Booming China is number one Bordeaux importer
by Staff Writers
Paris (AFP) Sept 22, 2011

The booming Chinese mainland is now the largest importer of Bordeaux by volume, driving a jump in exports of the French wine, an industry body said.

Exports from the French winegrowing region rose 34 percent in value and 23 percent in volume between July 2010 and June 2011, the CIVB Bordeaux Wine Council told a press conference late on Wednesday.

The boom was driven in part by iconic great estates, but the bulk came from little chateaux selling wines for less than 4.50 euros, which accounted for two-thirds of the gains in volume.

Growth was most spectacular for China, excluding Hong Kong, as the mainland edged out Germany as Bordeaux's largest importer in terms of volume with sales up 85 percent to 314,000 hectolitres, worth 231 million euros.

Mainland China now buys some 10 percent of all exports from the Bordeaux region, estimated Georges Haushalter, president of the CIVB.

Hong Kong -- which unlike the mainland has no import duty on wine -- remains the number one Bordeaux importer in terms of value, rising 71 percent to 90,000 hectolitres, worth 326 million euros.

Bordeaux sales plunged by 700,000 hectolitres during the economic crisis in 2008, with growth beginning to recover in 2010 as sales rose 14 percent in volume, and picking up pace this year.

Non-European Union consumers led the pack, with exports up 39 percent in volume and 52 percent in value.

These markets -- chief among them China, Hong Kong, Japan, Britain, the United States, Belgium, Germany and France -- are the target of a new business plan launched last year by the Bordeaux Wine Council.

Bordeaux has earmarked 3.29 million euros, the largest share of its 17 million euro marketing budget, to woo consumers in the United States, the world's largest wine market.

As part of the plan, the CIVB has announced the appointment of a new marketing director, Francois Jumeau, who spent the past decade at Coca Cola, then at Brasseries Kronenbourg.

Bordeaux has been losing US shelf-space to attractively packaged and priced Spanish, Italian, American and New World wines.

Related Links
Farming Today - Suppliers and Technology




 

.
Get Our Free Newsletters Via Email
...
Buy Advertising Editorial Enquiries








. Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle



FARM NEWS
Scientists Develop New Potato Lines to Wage War on Wireworms
Washington DC (SPX) Sep 22, 2011
When wireworms feast on potatoes, the results aren't pretty: The spuds' surfaces are left punctured, pitted and unappealing. For the past few years, U.S. Department of Agriculture (USDA) scientists and their colleagues have sought a solution in the form of spuds with genetic resistance to the worms, with special attention focused on two wild potatoes from Chile and Bolivia: Solanum berthaultii a ... read more


FARM NEWS
Paraguay outbreak threatens farms, jobs

Philippines eats, sells biodiversity riches

Ugandans displaced by UK company landgrab: Oxfam

Scientists Develop New Potato Lines to Wage War on Wireworms

FARM NEWS
Samsung starts new chip line to boost flash memory

Scientists play ping-pong with single electrons

RIM shares fall on disappointing results

RIM shares fall on disappointing results

FARM NEWS
Painting The Skies Green Over Santa Rosa

Airbus aims to dominate China market

IATA ups 2011 airlines profit outlook, 2012 weak

Asia short on pilots: Boeing

FARM NEWS
It's a hard day's night for Shanghai taxi drivers

Typhoon halts production at 11 Japan Toyota plants

GM bets on fast-growing China auto market

GM and SAIC to develop electric vehicles in China

FARM NEWS
Amid struggles, HP names Meg Whitman CEO

US says Taiwan jet deals $5.85 bn

Nippon Steel, Sumitomo Metal Industries to merge

Obama, Noda vow to push economic growth

FARM NEWS
Fear not, US tells guitarists worried by illegal wood

Water evaporated from trees cools global climate

Ugandan sweet tooth threatens precious rain forest

US national forests can provide public health benefits

FARM NEWS
Astrotech Subsidiary Wins Contract for NASA Mission

Japanese meteorological firm to launch satellite to track Arctic sea ice

ERS satellite missions complete after 20 years

Northrop Grumman to Complete Advanced Technology Microwave Sounder for Joint Polar Satellite Systems

FARM NEWS
Journey to the lower mantle and back

Diamonds show depth extent of Earth's carbon cycle

Carbon cycle reaches Earth's lower mantle

Miner Xstrata faces climate test case in Australiaq


Memory Foam Mattress Review
Newsletters :: SpaceDaily Express :: SpaceWar Express :: TerraDaily Express :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News
.

The content herein, unless otherwise known to be public domain, are Copyright 1995-2011 - Space Media Network. AFP and UPI Wire Stories are copyright Agence France-Presse and United Press International. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement