Energy News  
FARM NEWS
China wields increasing power in world wine market: study
by Staff Writers
Paris (AFP) April 18, 2016


The global wine market grew almost 11 percent last year as China not only drank more wine but also produced more, the International Organisation of Vine and Wine (OIV) said Monday.

In a market worth 28.3 billion euros ($32 billion) in 2015, France remains by far the largest exporter in terms of market share value, with 29 percent, equivalent to 8.2 billion euros.

But France only ranks third in volume of exports, at 14 million hectolitres, reflecting the high quality of its wines which fetch higher prices than its competitors.

Spain is the world's biggest exporter by volume with 24 million hectolitres but has slipped to third place in terms of market share value because of the relatively low price per unit.

Italy is now the world's second-largest exporter at 20 million hectolitres, with a market share value of 5.3 billon euros, the OIV said.

China though is playing an increasing role in fuelling global growth both in consumption and production.

The world's biggest tipplers are Americans, drinking 31 million hectolitres last year. Chinese drinkers consumed 16 million hectolitres, up from 15.5 million in 2014.

Furthermore, while other countries slightly reduced production, China increased the amount of land given over to vineyards by 34,000 hectares in the space of a year.

"China remains the main driver of growth in the global wine industry," OIV director-general Jean-Marie Aurand told a press conference in Paris.


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


.


Related Links
Farming Today - Suppliers and Technology






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

Previous Report
FARM NEWS
New technology could improve insect control in cotton
Jackson TN (SPX) Apr 15, 2016
A new biotech trait currently in the development stage could provide improved control of thrips and plant bugs in cotton, according to researchers with the University of Tennessee Institute of Agriculture. The new Bt (Bacillus thuringiensis) technology, which is being developed by Monsanto, is commonly referred to as the "Lygus trait" because it was originally developed to protect cotton f ... read more


FARM NEWS
Mapping software tracks threats to endangered species

Twiss interferometry offers new approach for remote sensing

Thales, Airbus DS tapped for French military maps

Sentinel-3A feels the heat

FARM NEWS
Satellite touchdown in run up to Galileo launch

Russian Glonass Satellite Scheduled for Launch on May 21

Glonass navigation system's ground infrastructure successfully completed

China launches 22nd BeiDou navigation satellite

FARM NEWS
Study: Clear-cutting undermines carbon storage in forest floor

Protesters demand justice over death of Honduran activist

Greenpeace protests Polish logging of Europe's last primeval forest

International network to spy on trees

FARM NEWS
Enzyme leads scientists further down path to pumping oil from plants

Penn chemists lay groundwork for countless new, cleaner uses of methane

Dung, offal make clean gas at Costa Rica slaughterhouse

ORNL invents tougher plastic with 50 percent renewable content

FARM NEWS
Mistra to develop lightweight solar modules for vehicles

Researchers generate clean energy using bacteria-powered solar panel

Verengo Solar Reaches 100 Megawatt Milestone

China solar giant says president 'assisting' inquiries

FARM NEWS
Iowa puts faith in wind energy

Maryland praised for renewable energy efforts

Scotland generated most of its electricity in 2015 through renewables

RWE making bold moves in Scottish renewables

FARM NEWS
Coal leader Peabody files for bankruptcy

Mega India-backed coal project awarded Australian mining leases

Chinese coal data may contain irregularities, study finds

China mine accident kills 19: Xinhua

FARM NEWS
More Western art on shopping list for Chinese tycoon Liu

China revokes rights lawyer's licence over criminal conviction

World's first Tiananmen museum to close doors in Hong Kong

Missing Hong Kong bookseller case unfortunate: China official









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.