The Economics of the Wine Trade

2020 ◽  
pp. 279-285
Keyword(s):  
Wine Trade

PRACTICE OF WINE IMPORTING AND RETAILING IN CHINA: AN AUSTRALIAN WINE TRADE PERSPECTIVE

2018 ◽  
Vol 2018 ◽  
pp. 1418-1418
Author(s):  
Qiushi (Cathy) Gu ◽  
◽  
Songshan (Sam) Huang ◽  
Janelle Chan ◽  
Jin Yin ◽  
...  
Keyword(s):  
Trade Perspective ◽  
Wine Trade

scholarly journals What Is the Environmental Impact of Wine Entering Global Value Chains? Studying the Evolution of CO2 Emissions from the Export of Spanish Denomination of Origin Wines

Foods ◽  
2021 ◽  
Vol 10 (7) ◽  
pp. 1664
Author(s):  
Juan Sebastián Castillo-Valero ◽  
Inmaculada Carrasco ◽  
Marcos Carchano ◽  
Carmen Córcoles
Keyword(s):  
Environmental Impact ◽  
Co2 Emissions ◽  
Carbon Footprint ◽  
Environmental Performance ◽  
Service Provision ◽  
International Markets ◽  
Value Chains ◽  
Input Output ◽  
Continuous Growth ◽  
Wine Trade

The continuous growth of the international wine trade and the expansion of international markets is having significant commercial, but also environmental, impacts. The benefits of vineyards in terms of ecosystem service provision are offset by the increase in CO2 emissions generated by transportation. Denominations of Origin, as quality labels, emphasise a wine’s links to the terroir, where specific elements of culture and environment merge together. However, Denominations of Origin can also have differentiating elements as regards environmental performance. Drawing on an extended multiregional input–output model applied to the Spanish Denominations of Origin with the largest presence in the international wine trade, this study shows that wines with the greatest exporting tradition are those that most reduced their carbon footprint per litre of exported wine in the period 2005–2018, thus being the most environmentally efficient.

Recollections from 50 Years in the Wine Trade

2001 ◽  
Vol 12 (2) ◽  
pp. 135-147 ◽  
Author(s):  
Pat Simon
Keyword(s):  
Wine Trade

Long-Term Prospects of the International Wine Trade

2018 ◽  
Vol 13 (4) ◽  
pp. 442-450 ◽  
Author(s):  
Olivier Bargain ◽  
Jean-Marie Cardebat ◽  
Raphael Chiappini ◽  
Corentin Laffitte
Keyword(s):  
New Zealand ◽  
Great Emphasis ◽  
Market Structures ◽  
On Demand ◽  
The United Kingdom ◽  
Comparative Advantages ◽  
The Future ◽  
Jel Classifications ◽  
Wine Trade

AbstractThis article discusses key comparative advantages of wine-producing nations and suggest prospective views on their evolution. Our methodology is twofold. First, we study comparative advantages in 16 countries using Porter's diamond. Then, we report results from a survey in which wine economists are asked to assess the future trade performance of these countries. Results are relatively consistent across methods regarding the future “heavy weights” like China, but also New Zealand and Chile, countries show the greatest potential to succeed in the future global wine trade. It is also expected that Georgia, the United Kingdom, and Australia play an important role, although to a lesser extent. Our findings indicate that comparative advantages in wine trade are neither uniform nor static; especially, terroir is no longer sufficient. The diamond approach contradicts experts from two countries in particular, France and Argentina, suggesting that experts put great emphasis on demand and market structures as key trade determinants for the future. (JEL Classifications: F14, Q17)

Selling to Reluctant Drinkers: The British Market and the International Wine Trade

Creating Wine ◽  
2011 ◽  
Author(s):  
James Simpson
Keyword(s):  
Product Quality ◽  
Temporary Increase ◽  
Commodity Chains ◽  
Small Family ◽  
Retail Prices ◽  
Marketing Costs ◽  
Fortified Wines ◽  
Wine Trade

This chapter shows that wine was traditionally a luxury because of the high and discriminatory import duties, which benefited Portuguese and Spanish producers at the expense of the French. With the reforms of the early 1860s there was a temporary increase in consumption and a switch in preference away from Iberian fortified wines toward French table wines. Merchants blended cheap commodity wines from different locations to minimize quality fluctuations, but although retail prices remained remarkably stable during the phylloxera-induced period of shortages, this was achieved only by significantly reducing product quality. Poor wines and numerous press reports concerning their adulteration led to falling consumption. The failure of buyer-driven commodity chains such as the Victoria Wine Company or Gilbeys to significantly cut marketing costs implied that the small family retailer remained competitive, but neither could simultaneously cut prices and guarantee product quality for consumers.

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