The most used grape varieties in of Croatia wine

The US still comes top on the list of which countries drink the most wine overall, according to to preliminary figures released this week by the International Organisation of Vine & Wine (OIV).  Wine consumption in the US crept up by 0.7% in 2021, to 33.1 million hectolitres (3.31 billion litres), the OIV said in a report on the state of the industry. World wine consumption grew by the same margin, to hit 236 million hectolitres (mhl), or 23.6bn litres, although trends varied by nation. That ...

Treasury Wine Estates has expanded its footprint in the Yarra Valley in Australia by purchasing the 55-hectare Beenak Vineyard from Accolade in a deal worth AU$7 million. The land is planted with 45ha of Pinot Noir and Chardonnay grapes, suited for both still and sparkling wine production. Tim Ford, chief executive at Treasury Wine Estates (TWE), said the company was keen to bolster its cool climate winemaking capabilities. ‘Vineyards producing Pinot Noir are of particular interest as we respond ...

A survey of 2,000 investors in the UK found links between Generation Z, loosely covering those up to 25 years of age, and fine wine investment. While close to half of all survey respondents said they had invested in so-called alternative assets, such as fine wine, whisky, art or crypto, this proportion rose to 62% for the under-25s. Commissioned by merchant Bordeaux Index and conducted by market research agency 3Gem, the survey suggests younger investors ‘are turning to fine wine’ as ...