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The second decade of rapid globalization of the wine industry is assessed using a newly-published statistical compendium of global wine markets. A dozen observations are made from those data offer insights into key new opportunities and challenges associated with recent globalization forces. A...
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Until recently, most grape-based wine was consumed close to where it was produced, and mostly that was in Europe. Now more than two-fifths of all wine consumed globally is produced in another country, including in the Southern Hemisphere, the USA and Asia. This latest edition of global wine...
Persistent link: https://www.econbiz.de/10012654032
Until very recently, most grape-based wine was consumed close to where it was produced, and mostly that was in Europe. Barely one-tenth of the world's wine production was exported prior to the 1970s, even counting intra-European trade. The latest wave of globalization has changed that forever....
Persistent link: https://www.econbiz.de/10012654040
Until recently, most grape-based wine was consumed close to where it was produced, and mostly that was in Europe. The latest globalization wave has changed that forever. Now more than two-fifths of all wine consumed globally is produced in another country. Europe's dominance of global wine trade...
Persistent link: https://www.econbiz.de/10013285227
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We provide economy-wide modeling results of the national and regional implications of two current challenges facing the Australian wine industry: a decline in export demand for premium wines, and a possible change in the tax on domestic wine sales following the Henry Review of Taxation. The...
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