http://www.winemag.com/Wine-Enthusiast-Magazine/March-2011/Vinexpo-039s-Global-Study/

According to Robert Beynat, chief executive of Vinexpo  a new study commissioned by Vinexpo — the wine and spirits exhibition held every two years in Bordeaux, France —and  conducted by the International Wine and Spirit Research group concluded that “Within the next 10 years, wine consumption in the Unites States will have increased three times faster than the global averages.”  

Over the last five years, American light wine consumption has surpassed that of France, making it the 2nd largest consumer country worldwide of still light wines, right behind Italy. By 2012, they project that America will move to the number one spot.

And that’s not the only area of growth, according to IWSR and Vinexpo: Between 2005 and 2009, the U.S. experienced a 10.7% increase of imported wines consumed by volume, accounting for 27.8% of all volumes of wine consumed in the U.S. They forecast that this trend will continue through 2014. In 2010, wine consumption grew in the U.S. and by 2014 it’s projected to further increase by 9.35%.

Top suppliers of wine to the U.S. market include Italy, Australia, France and Chile, but Argentina shows the most growth, with a 114.13% increase from 2005 to 2009. Those importing American wine include U.K., which increased by 29% increase from 2005 to 2009, followed by Italy and Canada.

In the spirits category, American consumption of spirits reached 182.56 million 9-liter cases, up 10% in 2009 compared with 2005. It’s the leading consumer nation of Tequila, Bourbon, liqueurs and Cognac.

When it comes to wine production trends internationally, both France and Italy decreased production from 2005 to 2009, while China experienced significant growth and is projected the increase by 77.11% in 2014. Top wine exporters Italy and Australia experienced grow from 2005 to 2009, but France decreased their exports by 1.14%. By 2014, Vinexpo projects that Italy will take the top exporter spot.  

Vinexpo will take place in Bordeaux from June 19-23. For more information, visit vinexpo.com.

 

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