The article discusses how economic and political factors, such as tariffs and duty rates, have a substantial impact on wine trends, often changing consumer preferences. The Australian wine industry's boom in the UK is linked to price reductions due to Chinese tariffs. Additionally, the shift towards wines with lower alcohol content is driven by new duty regulations. Climate change is reshaping wine production; unexpected weather patterns especially affect France's crop yields, pushing prices higher and altering grape variety choices and sustainability practices in winemaking.
Another factor shaping vin-flation will be the ongoing impact of the climate crisis, with France a notable victim of increasingly unpredictable weather patterns.
The rise in wines with alcohol contents below 11.5% abv was as much about beating the new higher duty rates as it was about satisfying demand.
Collection
[
|
...
]