German wine exports down

German wine exports slid by 15.2 per cent in 2012 compared to 2011, continuing a declining trend from the previous year, according to statistics released by the German Wine Institute. The drop in the volume of exports in 2012, to 1.3 million...

German wine exports slid by 15.2 per cent in 2012 compared to 2011, continuing a declining trend from the previous year, according to statistics released by the German Wine Institute.

The drop in the volume of exports in 2012, to 1.3 million hectolitres, follows an 11.8 per cent drop in exports in 2011. While exports in 2012 to some smaller markets showed gains, a significant decline in exports to high-volume sales markets like the US, Great Britain and Russia led to the decline, according to a press release issued on the eve of Prowein, Germany’s largest international wine fair, held in Düsseldorf.

The German Wine Institute said the decline was due in part to a smaller 2010 crop and fiercer competition for lower-priced wine segments in 2012.

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