According to a new report by the French Association of Wine and Spirits Exporters (FEVS), the volume of drinks exported from France fell by 10.4% in 2023.
French exports of wine and spirits fell last year from a post-COVID peak as inflation clipped consumer demand and distributors in the lucrative U.S. market cleared existing stocks, industry group FEVS said. Wine and spirits are one of France's biggest export earners. The sector has become increasingly reliant on foreign sales as declining domestic consumption has hit some production areas such as Bordeaux, contributing to recent protests by farmers.
French exports of wine and spirits fell last year from a post-COVID peak as inflation clipped consumer demand and distributors in the lucrative US market cleare.
French exports of wine and spirits fell last year from a post-COVID peak as inflation clipped consumer demand and distributors in the lucrative US market cleare.