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Vines of Mendoza San Francisco September 2013 Nora Z. Favelukes. Wine Consumption Adults per Capita / Population. For the 19 th year in a row wine sales have continued to grow in the US market, at a rate of 2.9% in 2012. Source: Census Bureau – Wine Information Group.
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Vines of Mendoza San Francisco September 2013 Nora Z. Favelukes
Wine Consumption Adults per Capita / Population For the 19th year in a row wine sales have continued to grow in the US market, at a rate of 2.9% in 2012 Source: Census Bureau – Wine Information Group
2012: 228 Million Adults(millions by segment) Source: Wine Market Council 2012
Consumers: Core vs. Marginal 1994 - 2012(Percentage by segment) Source: Wine Market Council 2012
Core Wine Drinkers by Generation, 2012 (Percent by generation) Older Millennials 19% Younger Millennials 9% Source: Wine Market Council 2012
Consumers by Gender(Percentage) Source: Wine Market Council 2012
Wine Shipments by Volume 9 L Cases January / July – 2012/2013 Source: U.S. Department of Commerce, Gomberg, Fredrikson & Associates
Imported Wine Shipments by Value January/July - 2012/2013 Source: U.S. Department of Commerce, Gomberg, Fredrikson & Associates
Bulk Wine Exports to the U.S. Source: U.S. Department of Commerce, Gomberg, Fredrikson & Associates
Nielsen Report FDL (Food, Drug & Liquorstores) • Argentine Wine Sales: • 4 Weeks period ending on August 17, 2013: • Volume +7.5% • Dollars + 10.2% % • 52 weeks ending on August 17, 2013 Volume 6.3% • Dollars 12.6% • Retail wine numbers are strong at $13.3 billion in 2012 (Nielsen) Source: Nielsen Report FDL (Food, Drug & Liquorstores) August 2013
Nielsen Report FDL (Food, Drug & Liquorstores) • Malbec Wine Sales: • 4 Weeks period ending on August 17, 2013: • Volume +12.1% • Dollars + 11.5% • 52 weeks ending on August 17, 2013 Volume 13% • Dollars 12.7% Source: Nielsen Report FDL (Food, Drug & Liquorstores) August 2013
U.S. Imports: Bottled Dessert and Table Wines Over 14% 2012 -2013 Source: U.S. Department of Commerce, Gomberg, Fredrikson & Associates
Top 15 Varietals Exported to the U.S August 2012-2013 Source: Top Varietals Exported to US 2012-2013 – Vinos de Argentina
Imported Table Wine Shipments % Change by Color YTD to June, 2013 Source: U.S. Department of Commerce, Gomberg, Fredrikson & Associates
Malbec • Millennial generation wine of choice • It gave Argentina a unique identity in the world • Critical success factors for sommeliers: competitive pricing and delivering taste/quality • Sold at all price levels: • Retail mostly in the $ 8 - $30 a bottle range • Restaurant mostly in the $30 -$100 a bottle range. Source: Bordeaux Management School – BEM – France
Argentine Malbec Exports to the US: 2004 - 2012 Source: Argentina Exports Statistics from Wines of Argentina
Bottled Wine Exports to U.S. Price Segments 2012-2013 Source: CAUCASIA Wine Thinking
More wine is being sold in drug stores and other chains such as Walgreens and Dollar General The sweet spot for wine pricing is $10 – $14.99 Online wine sales are finally coming into their own, with 74% of consumers purchasing wine from winery websites and 68% from Wine.com Source: Trends in the US Wine Industry in 2013 – Liz Thach MW
The hottest varietals are still Moscato, Malbec and sweet red blends. Americans still enjoy buying wine from Argentina, New Zealand and Spain, but wine purchases have declined from Australia and Germany. The US still imports almost 30% of all wine sold in the country. Source: Trends in the US Wine Industry in 2013 – Liz Thach MW
Top 25 Argentine Exporters to the U.S. Source: Top Argentine Exporters of Argentina – Vinos de Argentina
Top 25 Argentine Exporters to the U.S. – Cont’d Source: Top Argentine Exporters of Argentina – Vinos de Argentina