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Friday, March 17, 2017

French Imports Growing

French wine imports into the U.S. have grown significantly over the past twelve months even though imports overall were flat.

Champagne is showing faster growth than domestic sparkling wine, but Prosecco leads with an increase of over 20%. The average price for a bottle of Prosecco is about $12 (that's why it's so popular) while it's over $50 for a bottle of Champagne.

Rosé from France is hot. The American rosé market grew by over 50% each of the last two years with the bulk of that coming from France. Merlot and Syrah from France are declining in sales, but are more than being made up for by other wines.

Info from Wine Industry Advisor