The American Association of Wine Economists AAWE AAWE is taking a break from Twitter. You will find us on Facebook, LinkedIn, Bluesky, Instagram, and Mastodon - and, of course, at wine-economics.org

From 1974 to 2020, the vineyard area in the Loire Valley (France) has shrunk by more than 38,000 hectares (-41%). Above-proportional declines in Vendée (-91%), Indre (-88%), Loire Atlantique (-56%), Loire-et-Cher (-54%). Loire Atlantique, once the Loire's #1, lost 12,907 ha.

JOURNAL OF WINE ECONOMICS: “The impact of outside option saliency and product descriptions on consumer wine tasting behavior” by Nadia A. Streletskaya, Nadia Streletskaya, Nadeeka Weerasekara Nadeeka Weerasekara and Jie Li. Full access cambridge.org/core/services/…

Amazing UK household spending statistics. During COVID, alcoholic beverages and opioids/narcotics moved in opposite directions. Substitutes?

Vineyard Area in the United Kingdom, 1989-2022

Moving North. Between 1974-2020, France lost 441,500ha of vineyards (-37%), half of which in Languedoc-Roussillon (-216,000 ha, -50%). The only winners are in the north of France, Champagne (+55.8%), Burgundy (+43.9%), and Alsace (+41.4%).

Find AAWE on LinkedIn
linkedin.com/company/americ…

Inventory as a Share of Production of U.S. Wineries, 2012-2022. While inventories of sparkling and fortified wines, as well as cider are around 70% or below (fortified wine dropped from >200% in 2015 to 31%), the inventory share of still wines <16% alc has been rising to now 161%

Bob Lynn (American). Woman grape harvester standing next to crate in Cucamonga, Calif. , 1965. calisphere.org/item/ark:/2119…

The amazing rise in U.S. wine imports has been dwarfed by the imports of #spirits . In absolute levels, 2022 spirits imports are worth $12.6b -- compare to $7.3b for wine and $6.7b for beer. The 2005-2022 CAGR for spirits was 6.5%, much higher than for #wine (4.0%) & #beer (4.7%).

Alcoholic Beverage Market Shares in the U.S. from 1999-2022. Spirits' share has grown from 28% (1999) to 42% (2022), mostly at the expense of beer. #beer #wine #spirits

Find AAWE on Mastodon @[email protected]
mstdn.social/@wineecon

Find AAWE on Instagram AAWE
instagram.com/wineecon/

Find AAWE on LinkedIn
linkedin.com/company/americ…

Find AAWE on Facebook AAWE
facebook.com/wineecon

The sommelier knife, waiter's friend, or wine key is a corkscrew in a folding body similar to a pocket knife. It was conceived by German inventor Carl F. A. Wienke in 1882 and patented in Germany, England, and America (1883). Here is the U.S. patent: patentimages.storage.googleapis.com/da/2b/6c/a351a…

Butter vs. Olive Oil in Europe