Ciatti Report: Demand for Bulk Wine Is Dragging

The year 2022 was characterised by high inflation levels and rising interest rates and logistic problems. As every January, this month’s Ciatti Global Market Report looks back at the year just passed and ahead to the new one.

Reading time: 2m

Argentina Is a World Champion in Soccer. In Wine, Not So Much

The red wine market continues to be oversaturated, which in many places is leading to conversion measures in production to more white wine. Australia is also pushing down the overall market with low price levels for both reds and whites.

Reading time: 45s

Ciatti Report: Caution Advised

High inflation levels and rising interest rates in many markets around the world have engendered pessimism as to the retail sales outlook. Food inflation has generally been lagging overall inflation’s levelling-off trajectory, encouraging consumers to cut back on supermarket spending. In this context, global bulk wine activity has proceeded cautiously through the final quarter of 2022 while sales are carefully analysed; no one wants to find themselves overstocked, or having paid too high a price. Report by wine broker Christian Jungbluth from Ciatti.

Reading time: 2m 30s

Ciatti Report: Impacts from Australia

The global bulk wine market continues to proceed incrementally amid economic fears, though there have been some good early activity levels on specific 2022 whites in specific locations where 2021 carryover was short. Report by wine broker Christian Jungbluth from Ciatti.

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Ciatti Report: Bulk Prices Softening?

The wine grape harvests in the Northern Hemisphere are winding down. Prices are relatively stable for the moment. The bulk market shows stable-to-softening pricing on many wines. Report by wine broker Christian Jungbluth.

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Bulk Wine: In the Doldrums

The sluggishness of the bulk wine market over the last three months or so in many producer countries is explained by inflation in key export markets, and possibly a lag in the shipping of wines that have already been purchased. Only some significantly smaller-than-average Northern Hemisphere crops are likely to stimulate buying activity. Report by wine broker Christian Jungbluth.

Reading time: 2m

Ciatti Report: Decline in Retail on the Horizon?

Well into August, the past 4-6 weeks on the bulk market in many producer countries were as slow, even for what is a traditionally slow time of the year when Europe and North America are on summer holiday. Some already-acquired wines are popping back up again on the market as unexpected inventory; these are sometimes picked up quickly by an alternative buyer, sometimes not. An outlook by winebroker Angelo Cotrone.

Reading time: 2m 30s

Bulk Wine Prices: Weak Peso

It is a quiet bulk wine market worldwide, with the exception of Chile.

Ciatti Report: On the Quiet Side…

Bulk wine and grape markets around the world are currently on the quiet side. Consumers are suspected to pull back due to inflation levels, which is also cause for hesitancy amongst buyers. An outlook by wine broker Angelo Cotrone.

Reading time: 2m 30s