Nothing Special   »   [go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/p/ags/eaa135/160516.html
   My bibliography  Save this paper

Changes in the International Wine Market

Author

Listed:
  • Vlahović, Branislav
  • Puškarić, Anton
  • Tomašević, Dejan
Abstract
Knowing international market is a basis for segmentation and making right and timely marketing decisions regarding wine export. In this piece, we have analized the international wine market, and determined changes in international turnover, with largest importers and exporters for the period of 2001 - 2011. The average wine export in the world was 8,4 tons, with a growth tendency of 5,0% per year. Converted in money, the average export amounted to 22 billion US Dollars, which makes wine one of the most valuable of all agricultural products. The largest exporter is Italy with 1,8 million tons (21% of the whole world's turnover). Italy's wine export is increasinf at the rate of 4,14% per year. Large exporters are also France, Spain, Australia and Chile, which all amount to two thirds (68%) of the world's wine export. Besides France, whose export is decreasing, all of the abovementioned countries have increased their wine export to the international market. World's import is growing a bit slower than the export. It is a sign of a relative stagnation of demand, on the international market. The largest wine importer in the world is Germany with 1,3 million tons (17% of the world's import). Large importers are also the UK, USA, Russia and France, which take up more than half of the world's wine import (58%). All of the abovemnetioned countries have increased tendency of wine import. Within the next period, we can expect stagnation of international turnover, due to the world's economic crisis. Current world's trend is consummation of light, muscat, aromatic white wines, and when it comes to red wine - customers prefer fresh, aromatic, fruit wine. We are expecting to see the growth of rose and organic wine (made out of organic grape).

Suggested Citation

  • Vlahović, Branislav & Puškarić, Anton & Tomašević, Dejan, 2013. "Changes in the International Wine Market," 135th Seminar, August 28-30, 2013, Belgrade, Serbia 160516, European Association of Agricultural Economists.
    • Handle: RePEc:ags:eaa135:160516
    DOI: 10.22004/ag.econ.160516
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/160516/files/23-Vlahovic_%20Puskaric_%20Tomasevic%20-%20EAAE%20135.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.160516?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Unknown, 2009. "Multifunctional agriculture and rural development," Economics of Agriculture, Institute of Agricultural Economics, vol. 56(1).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Qing, Ping & Hu, Wuyang, 2016. "Chinese Consumer Preference for Red Wine Attributes," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235477, Agricultural and Applied Economics Association.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Márcio Lopes Pimenta & Éderson Luiz Piato & Luiz Henrique de Barros Vilas Boas & Stella Naomi Moriguchi, 2012. "Flavor and wellbeing: relationship between product's attributes and consumers’ personal values of regional coffee brands," Brazilian Business Review, Fucape Business School, vol. 9(3), pages 119-140, July.
    2. Khalid Hafeez & Pantea Foroudi & Keith Dinnie & Bang Nguyen & Sanjai K Parahoo, 2016. "The role of place branding and image in the development of sectoral clusters: The case of Dubai," Journal of Brand Management, Palgrave Macmillan, vol. 23(4), pages 383-402, July.
    3. Magdalena Smiglak-Krajewska & Julia Wojciechowska-Solis, 2021. "Environmental Awareness of Farmers vs. Agricultural Sustainability," European Research Studies Journal, European Research Studies Journal, vol. 0(1), pages 161-172.
    4. Anastasia Nikoli & Fotini Zigouri, 2011. "Regional identities and competitiveness in a globalised environment: New challenges for Greek regions," ERSA conference papers ersa11p897, European Regional Science Association.
    5. Jarský, Vilém & Sarvašová, Zuzana & Dobšinská, Zuzana & Ventrubová, Kateřina & Sarvaš, Milan, 2014. "Public support for forestry from EU funds – Cases of Czech Republic and Slovak Republic," Journal of Forest Economics, Elsevier, vol. 20(4), pages 380-395.
    6. Cavicchi, Alessio & Rinaldi, Chiara & Corsi, Michele, 2013. "Higher Education Institutions as Managers of Wicked Problems: Place Branding and Rural Development in Marche Region, Italy," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 16(A), pages 1-18.
    7. MIhailovic, Branko & Cvijanovic, Drago, 2016. "Transfer of Knowledge and Innovation as a Model of Rural Development of Smederevo Region in Serbia," Rural Areas and Development, European Rural Development Network (ERDN), vol. 13, pages 1-20.
    8. Mihailovic, Branko & Tepavac, Rajko & Kovacevic, Maja, 2012. "Application Of Factor Analysis In Evaluation Of The Consulting Development In Serbia," Economics of Agriculture, Institute of Agricultural Economics, vol. 59(2), pages 1-14, July.
    9. Muhammad Luqman & Muhammad Umer Mehmood & Muhammad Farooq & Tariq Mehmood & Muhammad Waqar & Muhammad Yaseen & Mukkram Ali Tahir, 2021. "Critical Analysis of Rural Development Initiatives in Pakistan," Journal of Economic Impact, Science Impact Publishers, vol. 3(2), pages 121-129.
    10. Dimitrios Kyrkilis & Simeon Semasis, 2012. "Agriculture and Regional Development in Greece," ERSA conference papers ersa12p804, European Regional Science Association.
    11. Zuzana Bednaříková, 2015. "Evaluation of the Impacts of Rural Development Policy Measures on the Local Economy in the Czech Republic," Prague Economic Papers, Prague University of Economics and Business, vol. 2015(4), pages 416-433.
    12. Elisa Maini & Marcello De Rosa & Yari Vecchio, 2021. "The Role of Education in the Transition towards Sustainable Agriculture: A Family Farm Learning Perspective," Sustainability, MDPI, vol. 13(14), pages 1-11, July.
    13. Pocol, Cristina Bianca, 2011. "Sustainable policies for the development of beekeeping in Romania," Problems of World Agriculture / Problemy Rolnictwa Światowego, Warsaw University of Life Sciences, vol. 11(26), pages 1-8, September.
    14. Materia, V.C. & Pascucci, S. & Kolympiris, C., 2015. "Understanding the selection processes of public research projects in agriculture: The role of scientific merit," Food Policy, Elsevier, vol. 56(C), pages 87-99.
    15. Nyamekye, Isaac & Fiankor, Dela-Dem Doe & Ntoni, Jonathan Okyere, 2016. "Effect Of Human Capital On Maize Productivity In Ghana: A Quantile Regression Approach," International Journal of Food and Agricultural Economics (IJFAEC), Alanya Alaaddin Keykubat University, Department of Economics and Finance, vol. 4(2), pages 1-11, April.
    16. Anne Clerval, 2016. "París contra el pueblo. La gentrificación de la capital," Books, Universidad Externado de Colombia, Facultad de Economía, edition 1, number 74, August.
    17. Barbara Roszkowska-Mądra, 2009. "Koncepcje rozwoju europejskiego rolnictwa i obszarów wiejskich," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 10, pages 83-102.
    18. Ramona Olivia Ștefănescu-Mihăilă, 2016. "Rural Economy and Bioethanol Production," Sustainability, MDPI, vol. 8(11), pages 1-19, November.
    19. Óscar A. Alfonso R. & Carlos E. Alonso M., 2016. "Alimentación Para Las Metrópolis Colombianas. Fragilidad Territorial, Vulnerabilidad A Las Anomalías Del Clima Y Circulación De Agroalimentos," Books, Universidad Externado de Colombia, Facultad de Economía, edition 1, number 73, August.
    20. Therese Haller & Anna Crole-Rees2, 1 & Michel Dumondel, 2013. "Attitudes towards growing food in cities: the case of Lausanne, Switzerland," Journal of Socio-Economics in Agriculture (Until 2015: Yearbook of Socioeconomics in Agriculture), Swiss Society for Agricultural Economics and Rural Sociology, vol. 6(1), pages 201-223.

    More about this item

    Keywords

    Agribusiness; International Relations/Trade;

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:eaa135:160516. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/eaaeeea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.