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U.S. is World’s Largest Wine Market Again

Posted on  | March 30, 2012   Bookmark and Share
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Total wine sales in the U.S. from California, other states and foreign countries climbed to a record of 347 million cases, a 5.3%  jump from 2010, with an estimated retail value of $32.5 billion, according to wine industry consultant Jon Fredrikson of Gomberg, Fredrikson & Associates in Woodside.

Of the total, California’s 211.9 million cases held a 61%  share of the U.S. market. This is the 18th consecutive year of volume growth in the U.S.

Shipments of sparkling wine and Champagne were the highest in the past 25 years, reaching 17.2 million cases, up 13%  over the previous year. he said. Strong sales came from a variety of different producers and regions worldwide. Prosecco and sparkling moscato were among the winners, but Champagnes, other sparkling wines and California methode champenoise wines also experienced gains.

U.S. wine exports – 90% from California – reached a record of $1.39 billion in winery revenues in 2011, an increase of 21.7% compared to 2010.

Volume shipments were up 5.8% to 455.7 million liters or 50.6 million nine-liter cases. 34% of U.S. wine exports by value were shipped to the 27-member countries of the European Union, accounting for $478 million of the revenues, up 10% from 2010, statistics show.

Other top markets were:

. Canada, $379 million, up 23%;

. Hong Kong, $163 million, up 39%;

. Japan, $105 million, up 39%;

. China, $62 million, up 42%.

Source: Napa Valley Register

March 29th


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