News
South Africa's Wine Industry Bets on Pricier Bottles
10+ hour, 58+ min ago (302+ words) South Africa's wine industry is shifting its focus toward higher-priced bottles as producers try to protect margins, respond to changing consumer demand and position the country's wines for steadier growth in export markets. Producers are leaning more heavily on quality,…...
Amsterdam's Champagne Festival Nears Sellout
1+ day, 9+ hour ago (315+ words) F'te du Champagne will return to Amsterdam's Rembrandtpark from Thursday, May 21, through Monday, May 25, the Pinkster weekend holiday period in the Netherlands, with organizers saying the event is heading toward a sellout as warm weather is expected to draw large…...
Beer Overtakes Wine in France
23+ hour, 27+ min ago (240+ words) France has reached a turning point in its drinking habits, with beer consumption edging past wine for the first time as younger consumers cut back on traditional table wine and turn to cheaper alternatives. The decline in wine consumption has…...
China's Zero-Tariff Policy Boosts Hunan's Africa Trade
4+ day, 11+ hour ago (789+ words) China's decision to expand zero-tariff treatment to goods from all 53 African countries with which it has diplomatic relations is already changing trade flows in Hunan, an inland province that has spent years trying to position itself as a gateway for…...
South Africa's Wine Harvest Reaches Largest Crop Since 2022
6+ day, 22+ hour ago (419+ words) Vinetur South Africa's Wine Harvest Reaches Largest Crop Since 2022 Industry officials said weather swings tested growers, but the 1. 37 million-tonne harvest boosted supply and export hopes. South Africa's wine harvest ended with 1. 37 million tonnes of grapes, up from 1. 24 million tonnes last…...
Rio de Janeiro Raises Beer Tax Base
1+ week, 1+ day ago (299+ words) Vinetur Rio de Janeiro Raises Beer Tax Base New ICMS-ST values take effect for beer, draft beer and other cold beverages sold in the state Rio de Janeiro updated the tax base used to calculate ICMS-ST on beer, draft beer…...
Austria Plans 30% Spirits Tax Increase
1+ week, 6+ day ago (359+ words) Austria's coalition government plans to raise the special tax on spirits, liqueurs and schnapps by 30% as part of its budget consolidation for 2027 and 2028, a move that will make whiskey, gin, rum and other high-proof drinks more expensive while leaving beer…...
Brazil's Proposed Alcohol Tax Worries Wine Sellers
1+ week, 6+ day ago (216+ words) A proposed tax on alcohol in Brazil is raising concern among wine producers, importers and retailers who say the measure could push prices higher and slow a market that has expanded steadily in recent years. Marcos Milaneze, director of Wine…...
South African Wine Gains Tariff-Free Entry Into China
2+ week, 1+ day ago (244+ words) South Africa's wine industry is set to gain a price advantage in China after a new tariff-free trade arrangement took effect on Friday, removing duties that had ranged from 14% to 20% on South African wine and other farm exports. The change…...
Germany Weighs Higher Alcohol Taxes
3+ week, 5+ day ago (521+ words) Vinetur Germany Weighs Higher Alcohol Taxes Health commission proposes levies on wine, sparkling wine and other drinks to help shore up the public insurance system Germany's health commission has proposed raising taxes on alcohol and tobacco and introducing a tiered…...