Showing posts with label Franch Wine and Spirits. Show all posts
Showing posts with label Franch Wine and Spirits. Show all posts

Saturday, February 14, 2015

FRENCH WINE AND SPIRITS EXPORTS HAVE DECLINED FOR TWO REASONS

ZoneBourse offers a really good article which explains that the sales decline in 2013 and mostly 2014 is due to two reasons for the most part: Chinese government anti-corruption measures which were implemented in late 2012 in China and production limitations and variations due to unfavorable weather conditions; 'one can only produces one nature will permit'.
Cognac Vineyards
Cognac Vineyards
On the other hand, with a lower euro it is possible to see some unplanned growths surge in 2015.
In 2014, exports in China, fifth largest export market for French products has decreased by 17.4% overall, with a noticeable -30% sales for cognac and 6.8% for the wines.
Source: ZoneBourse