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Napa's Cold New Reality // Winemaker dies in Italy while trying to save colleague who fainted in wine vat

September 18, 2023 - Wine Industry Insight Daily News Feed

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“Bulk wine has lost market share in 2023, especially in terms of value, as the global wine trade fell by 3.7% in volume and by 0.3% in turnover in the last five months, with prices still rising, but less and less, while the strong inflation experienced globally in 2022 is gradually easing. Bulk wine accounted for 34.4% of the total volume of wine sold in the world, and 6.8% of the turnover.”

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