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News Archive : Markets
Chilean Winemakers Decry Proposed Tax Hike
Wine in Chile is taxed at 15 percent per liter wholesale.
Australian wineries face selling wines at a loss in 2014
Australian wineries may have to sell their wines at a loss this year if prices fall below current levels given high costs of grapes and production in 2014, warns top wine broker Murphy Wine Company. Although official figures have not been released, it is anticipated the nation's 2014 harvest will be smaller than last year.
Russian wine: Measuring up to the competition
As a newcomer to premium-wine production, how does Russia’s ‘New World’ of wine stack up against its well-established competitors: Chile, Argentina and South Africa?
South African Wines Gaining Traction In U.S.
South African wine may still be a relatively small category in the U.S. market - with bottled shipments up 11% to 954,000 cases last year - but its expansion has accelerated lately, and key players are bullish on growth opportunities, especially at the premium end.
E-commerce threatens traditional traders in China's wine market
The market for imported wine in China has reached 100 billion yuan (US$16 billion) a year but there are still no leading brokers or end retailers emerging, with many blaming the low prices offered by e-commerce firms too low.
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