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Wines of South Africa releases its 2022 export report
The Wines of South Africa 2022 export report has revealed that export value has only seen a 2.4% decline following the pandemic with Rand Per Litre (RPL) income showing marginal growth as producers navigate rising costs, shipping challenges and shortages in the supply of packaging goods.
Global mezcal market expected to reach $2.1 billion by 2031
The global mezcal market is expected to reach $2.1 billion by 2031, new data by Straits Research has revealed.
Strong demand from the UK, the US and China helped South African wine exports increase by 12.1% in value to R10.2bn in 2021.
Record year for tequila as production and exports reach all-time high
The tequila industry enjoyed record levels of production and exports in 2020, according to the Consejo Regulador del Tequila (CRT).
Chinese alcohol industry suffers 8.6% revenue drop
China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.
Marussia Beverages completes Itkulsky Distillery purchase
Dutch group Marussia Beverages has purchased a controlling stake in Siberian vodka producer Itkulsky Distillery.
Irish Distillers confirms £100m expansion
Irish Distillers Pernod Ricard has confirmed it will spend €100m on the 2012 expansion of its Midleton Single Distillery, the site where Jameson is produced.
Ian Macleod buys Speyside distillery
Ian Macleod Distillers has purchased the Tamdhu distillery in Speyside, from the Edrington Group.
Chile: Colchagua Valley wineries lose 25 million litres in earthquake
Chile: The Asociación de Viñas de Colchagua and the Colchagua Valley Wine Route have estimated a loss of 25 million litres of wine as a result of the earthquake.
