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Post-COVID-19 peak, French wine and spirits exports to US fell in 2023

Post-COVID-19 peak, French wine and spirits exports to US fell in 2023
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French wine exports slump in 2023 as Champagne, Bordeaux struggle

The volume of French wine exports fell 9.4% last year to the lowest since at least 2007, with falling import demand in the US.

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French wine exports take 10% nosedive

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.

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French wine and spirit exports fell last year on US hangover

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.

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French Wine And Spirit Exports Fell Last Year | Hospitality Ireland

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.

United statesGabriel picardDonald trumpEuropean unionFederation of french wineFrench wineSpirits exportersFrench exports of wine and spirits