Global wine exports reached a historic high in both volume and value in 2021: but global supply chain disruptions and rising energy prices will create challenges for the industry in 2022.
A proposed 10% tariff on aluminum and 25% tax on steel in the US would increase costs for many industries, particularly beverage makers who would likely have to pass the increase onto consumers.
The Indonesian government and tea industry representatives have embarked on a mission to Europe in attempt to reduce trade barriers and boost tea exports.
Under the North American Free Trade Agreement (NAFTA), Cuauhtémoc-Moctezuma-Heineken (CCM/Heineken) of Mexico has been able to source all of its malted barley from Montana [US] tax-free, but that relationship could change with the EU and Mexico currently...
UK and European wine and spirits trade bodies have presented a united Brexit position paper: ‘taking the bull by the horns’ to nail down key issues for the industry.
Exports of beer have overtaken chocolate to become the UK’s third largest food and beverage export product by value; joining whisky which retains the top spot in F&B exports.
The Can Manufacturers Institute (CMI) has asked the US Department of Commerce Bureau of Industry and Security not to impose a tariff or import restrictions on tinplate steel because it will have a severe impact on the can manufacturing industry and its...
The European wine trade is calling for ‘legal certainty and the maintenance of smooth wine trade’ between the UK and EU, as the UK today signs Article 50 to formally begin its departure from the EU.
Fairtrade food could be in short supply if the UK government continues to ignore the need for preferential trade deals with developing countries, two new reports have warned.
British businesses are almost half as confident about the British business environment as they were last year, a survey has shown. The UK’s Food and Drink Federation has appealed the government for a range of urgent measures seeking to secure the future...
‘It’s been a great year for beer exports, but we can certainly do more’: BBPA
Constellation Brands says it is “too early to know” how US President Donald Trump’s policies – and in particular a 20% tax on imports from Mexico - will affect its business.
As the UK looks to Brexit, the UK's Wine and Spirit Trade Association (WSTA) wants to see trade deals that minimize disruption and create new opportunities. It says the industry needs to get involved to help prepare the ground, and collaboration...
Whiskey & craft beer help drive Ireland's record F&B exports
Irish whiskey exports are projected to double by 2020, according to Irish food board Bord Bia, with the category being the fastest growing spirit in the world.
It's good news for consumers but not for world farmers as Rabobank predicts low food prices in 2017 due to high global stock levels– despite instability in Europe and America.
Beer production and consumption is on the rise within the EU, but trade with the rest of the world is also becoming increasingly significant, according to the Brewers of Europe.
NAMI: ‘Failure to act on TPP will be potentially devastating’
A Trump administration could herald more business-friendly tax policies, but it could also stymie food labeling, health and nutrition-related initiatives set in motion under the Obama administration, and create uncertainty for businesses with operations...
What will the impact of rising food prices in post-Brexit Britain be on manufacturers, retailers and consumers? Food and drink solicitor at Gordons law firm Mark Jones takes a closer look.
‘Exceptional growth’ in Australian wine exports to China
China has become the top market for Australian wine exports (by value), thanks to the middle class’ increased interest in wine and the benefits of the China-Australia Free Trade Agreement.
The EU has requested the establishment of a World Trade Organization (WTO) panel to rule on a dispute over what it says is Colombia's discriminatory treatment of imported spirits.
Brexit means both winners and losers in the beverage industry, says Rabobank, and beverage companies are looking for ways to mitigate risks and take advantage of new opportunities.
Britain has voted to leave the European Union, and the negotiation of new trade agreements will be a key area of focus for the wine and spirits industries.
China has overtaken the UK to become the second largest market by value for Australian wine exports, according to the latest figures from Wine Australia.
The UK’s Prime Minister says that jobs and investment in the wine and spirits industry could be at risk if the UK leaves the EU. Meanwhile, the Wine and Spirits Trade Association has announced that 90% of its members want to stay in the EU.
US wine exports (90% of which come from California) reached $1.61bn in winery revenues in 2015, up 7.6% from the year before. Exports were boosted by demand for premium products.
Australian wine exports to Asia are showing strong growth. To make the most of the opportunity, Australian wine brands need to be on the ground in exports markets and understand the trade, culture and consumers, says Wine Australia.
The recent finalization of the Trans Pacific Partnership is good news for confectioners and sugar-using manufacturers across the US, according to Rick Pasco, president of Sweetener Users Association (SUA).
The National Confectioners Association (NCA) is pushing for Australia to be allowed to export more sugar to the US under the Trans Pacific Partnership (TPP) as it decries plans to maintain current US sugar rules.
Growth for spirits lies in export markets such as China, India, Brazil and South East Asia as EU consumption slumps, says trade association spiritsEUROPE.
Australian wine exports to China are continuing to recover, and in some quarters are even experiencing record sales, according to industry figures released this week.
The South African wine industry is keen to raise the country’s reputation as a premium wine producer by shifting its export emphasis from bulk to bottled.
The recent signing of a trade agreement between Japan and Australia will give wine exports to the Far East a “step-up”, according to the Winemakers’ Federation of Australia (WFA).
The head of powerful EU spirits trade confederation spiritsEUROPE warns that the EU Commission needs more resources to better police trade agreements with outside nations.
EXCLUSIVE INTERVIEW: SIMON SPILLANE, BREWERS OF EUROPE (BRUSSELS PRESS CLUB)
Brewers of Europe insists that ending 'discriminatory' tax breaks on small EU brewers exporting to the US remain a vital issue in ongoing talks around the Transatlantic Trade & Investment Partnership (TTIP).
China has agreed to end its year-long investigation into subsidies on and alleged dumping of EU wine exports in a move that will relieve France in particular.