RESEARCH REGARDING THE DYNAMICS OF THE EU-27 POSITION IN THE WINE MARKET

Authors

  • Agatha Popescu University of Agricultural Sciences and Veterinary Medicine of Bucharest, 59 Marasti, District 1, Bucharest, 011464, Romania, Phone:+40213182564, Fax:+40213182888

Abstract

The results proved that the EU-27 is the main wine producer, exporter and importer in the world. It contributes by 60.96 % to global wine production, by 56.93 % to wine world consumption, by 69.49 % to the world export and by 59.74 % to the world wine import. In 2010, the EU-27 produced 16 Billion liters wine, exported 7.2 Billion liters and imported 5.8 Billion liters. About 45 % of wine production is exported and export/import ratio is 1.23 reflecting an efficient foreign trade. The continuous decline of its share at international level have enforced the EU to keep pace with the increased competition and to be focused mainly on wine production growth, quality, oenological technology and wine marketing.

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Published

2014-09-02

Issue

Section

Working Group 4: Management, agriculture mechanization and cadastre