home awi about
fine wines
profit wall services investment events gallery contact news
Home News
World faces global wine shortage
21 November 2013

The world is facing a wine shortage, with global consumer demand already significantly outstripping supply, a report has warned. The research by America's Morgan Stanley financial services firm says demand for wine "exceeded supply by 300m cases in 2012". Read more

The Global Wine Industry
Slowly moving from balance to shortage
7 November 2013
The global wine industry has seen an excess of 600mn unit cases (almost ¼ of global consumption) in 2004, reduce to just 1m unit cases in 2012 – largely through an ongoing structural reduction in capacity. After adjusting for non wine uses, demand for wine exceeded supply by 300mn cases in 2012, the deepest shortfall in over 40 years of records. Production in 2012 also fell to its lowest levels in more than 40 years. Read PDF
Featuring Australian wine
22 October 2013
Australian wine exports grow at higher price points - China and Hong Kong driving high end growth Australian bottled wine exports continued to grow across higher price points during the year ending September 2013, while the average value of bottled exports was the highest recorded in five years, according to the latest Wine Export Approval Report September 2013, released by Wine Australia. Read more
Don't waste a drop! Wine prices to rise as demand grows
19 November 2013
America’s Morgan Stanley financial services firm says demand for wine ‘exceeded supply by 300m cases in 2012’ describing it as ‘the deepest shortfall in over 40 years of records’. Wine production has been decreasing since 2004, while consumption has been rising since 1996 (except a drop in 2008-09), and presently stands at about 3bn cases per year. Read more
The World's Vintners Will Soon Struggle To Quench China's Rapidly Growing Thirst For Wine
23 October 2013
After peaking in 2004, global wine production is now at its lowest level in 40 years, according to a new Morgan Stanley report. Much to the chagrin of connoisseurs and sommeliers everywhere, "The data suggests there may be insufficient supply to meet demand in coming years, as current vintages are released." Read more
Singapore doctor's wine collection nets $4.9m at HK auction
16 September 2013
A leading Singapore wine lover's collection has fetched far higher than expected prices when he auctioned off a part of it. The rare wine sale at auction house Christie's Hong Kong last month netted HK$29.8 million (S$4.9 million), much more than Christie's estimate of HK$21 million. Read more
Australian wines trounce the French
6 September 2013
AUSTRALIAN winemakers trounced their French rivals as they emerged the big winners at one of the world’s biggest wine competitions, scooping up the most awards of any country. Read more
New Zealand Wines on the Up in U.S.
22 August 2013
According to the report, shipments to the U.S. increased by 13 percent to $284 million, making it the second-largest market for N.Z. wines (after Australia). Exports to Canada rose by 10 percent to $78 million. Read more
Australia's good earth
19 August 2013
According to the most recent Wine Australia report in July 2013, Australia ranks fourth among the world's 10 biggest wine exporters in the average value per litre of bottled wine exports, behind New Zealand, France and the US but ahead of Argentina, Italy, South Africa, Germany and Chile. Read more
Fine Wine Investment: Expect no quick rebound on first growth price
16 July 2013
Presumably, some valuable lessons have been learned and this situation will change with the release next year of the (probably very average) 2013 offering. If it doesn’t, interest will be scarce. The year began promisingly enough. The Liv-ex 50 rose in Q1 by 6.6%, and the feeling in the market was one of optimism. Following a miserable 18 months, during which the Liv-ex 50 index fell by about 30% and the Liv-ex 100 Index fell by around 27%, it seemed likely that a corner had been turned. Read more
2008 Penfolds Grange 2008 scores 100 points
April 2013
2008 Penfolds Grange has received a 100 point score from one of the world’s leading wine magazines, America’s Wine Spectator. Wine Spectator, published by Marvin R. Shanken, awarded the 2008 Grange a perfect score, as reviewed by Editor-at-Large Harvey Steiman, and also awarded a further ten Penfolds wines scores of more than 90+ points. Read more
Carruades Lafite ’04 Falls to Three-Year Low of $2,670 on Liv-Ex
28 June 2013
Four cases of 2004 Carruades de Lafite Bordeaux, the second wine of Chateau Lafite-Rothschild, sold for 1,750 pounds ($2,670) each yesterday on Liv-ex, the lowest since November 2009 and 47 percent below its peak. Read more
China And Wine Diverge
25 June 2013
As shown in the chart below, there has been medium-term correlation between Chinese stocks and the First Growths. Earlier in the year we wondered whether this was beginning to weaken. In recent weeks the two have completely diverged: macro economic concerns have seen the Shanghai Composite Index plunge 15% since the start of June, while the Liv-ex 50 has held steady. Read more
back to top
Home   |   AWI   |   About Fine Wines   |   Profit Wall   |   Services   |   Investment   |   Events   |   Gallery   |   Contact   |   News   |   Legals
Follow us on Twitter and Facebook
© 2014 AWI / All rights reserved / Privacy Policy