French Wine Sales Continue to Drop

[Craig Camp]

Although Burgundian wines showed growth in both value and volume, Bordeaux is not doing as well. Figures show that Bordeaux exports have dropped by 11% in volume and by over 25% in value.

[Jean Brislance]

This is very interesting, Craig. The article mentions Bordeaux, Burgundy, and Champagne, but I wonder about wines from other regions such as the Rhone, Alsace, Beaujolais, and the Languedoc-Roussillon. Any idea if they are also experiencing similar drops in sales?

Jean

[Brad Ballinger]

Burugndy will probably always perform okay. There's enough demand for the very limited supply. And with a pretty good string of vintages now, it won't be hurting.

Bordeaux, on the other hand, has huge production levels. It almost has to be a case of the uber collectors wanting first growths and super seconds, and the demand drops geometrically from there.

Champagne is a bit of a surprise. But I'm glad because it means I might see more of the stuff and greater variety.