French Wine Exports Held Back by Low Stocks

http://www.wine-searcher.com/magazine-article.lml?Xpage_url=2015%2F02%2Ffrench-wine-exports-held-back-by-low-stocks

For the fourth consecutive year, French exports of wines and spirits exceeded €10 billion in 2014, but the lack of availability due to reduced harvests has left concerned producers facing "very strong" international competition.

France's Federation of Exporters of Wines and Spirits (FEVS) reported that 2014 was the "third-best historical performance", with sales of €10.8bn ($12.3bn) – or the equivalent of the sales of 140 Airbus passenger airplanes – but turnover fell by 2.8 per cent, reflecting a decline in both volume and value of sales.


David Angel
David Angel

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