Whole Network Food and Wine Italian Wines Japanese Wines Wine News Wine Shops Wine Tours Wineries

 

Are We Facing a Champagne Shortage?

Filed in archive Sparkling Wine by Carol Bancroft on August 16, 2007

Are We Facing a Champagne Shortage?
Wine drinkers and collectors from China and India aren't only driving up prices of "collectable" wines, it seems that their demand for bubbly has the potential to drain the global market of Champagne. If this happens, wine drinkers in Great Britain might be the first ones to feel the pinch.

From Daily Mail:
Increasing global demand for champagne means there could soon be a worldwide shortage - with Britons likely to be the first to miss out.

vineyardlinks owners in eastern France are refusing to sell tens of millions of bottles stocked in their cellars because they see them as their retirement "nest-eggs".

The result is that the most prestigious French champagne houses are having trouble keeping pace with rising demand in the US and emerging markets such as Russia, China and India.

According to the article, recents years have seen sharp rises in champagne sales worldwide, from 287 million bottles in 2002 to 321 million in 2006. In China, exports are growing by 50 percent and in India, exports are growing by 125 percent. Luckily there are some great alternatives to Champagne. Personally, I've been enjoying several different Cavas and Proseccos this summer. But if you only drink the French sparkling, you might want to bulk up your cellar.






Permalink: Are We Facing a Champagne Shortage?
Tags: Champagne  shortage  Great+Britain  China  India  France  wine  champagne+shortage 

Trackback: http://www.creative-weblogging.com/cgi-bin/mt-tb.pl/86379





RSSrss   | See all blog subscribe options
Google google   |   What is RSS?
Yahoo! yahoo
Addthis Subscribe using any feed reader!
Bloglines Bloglines
Newsletter
Grouptivity

Use the search to look for other interesting posts



 
  • Advertise with us

  • Learn more about our advertising options or email advertising - at - creative-weblogging.com or give us a call at +1 (650) 331 4900.




  • Other blogs in the same channel in the Creative Weblogging Network







 

Tagcloud: American Wines Australian Wines California Wines Canadian Wines Celebrities and Wine Cheap Wines Food and Wine French Wines German Wines Greek Wines Holiday Wine Italian Wines Japanese Wines New York Wines New Zealand Wines Northeastern US Wines Northwestern US Wines Organic Wine Ports and Sherries South African Wines Spanish Wines Sparkling Wine Vineyards Vocabluary Wine Accessories Wine Awards Wine Blogs Wine Books Wine Clubs Wine Events Wine Gifts Wine Laws Wine Making Wine News Wine Related Contests Wine Resources Wine Rooms/Bars Wine Shops Wine Tasting Wine Tours Wine Trips Wine Videos Wineries Wines from Argentina Wines from Chile