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Journal articles on the topic 'Market wine'

Author: Grafiati

Published: 30 May 2022

Last updated: 31 July 2025

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1

Balogh, Jeremiás Máté. "Pricing behaviour of the New World wine exporters." International Journal of Wine Business Research 31, no. 4 (2019): 509–31. http://dx.doi.org/10.1108/ijwbr-09-2018-0050.

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Purpose In recent decades, New World winemakers have increased their wine export to European markets and became considerable market players in the EU. Therefore, this paper aims to explore whether the major New World wine producers are able to exploit its market power at European destination markets. Design/methodology/approach The paper applies the pricing-to-market (PTM) model of trade in respect of asymmetric effect of exchange rate changes by using monthly bilateral wine data between January 2000 and December 2016. Findings First, there is evidence of PTM in three New World wine exporters,

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Jaeger, David A., and Karl Storchmann. "Wine Retail Price Dispersion in the United States: Searching for Expensive Wines?" American Economic Review 101, no. 3 (2011): 136–41. http://dx.doi.org/10.1257/aer.101.3.136.

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Similar to other markets in which deviations from Jevons' “law of one price” is the norm rather than the exception, the retail wine market in the United States is characterized by large price dispersions. Drawing on a large sample of retail prices from wine-searcher.com we find an average per-wine coefficient of variation of 23 percent. Some of this is due to differential market conditions, especially state regulations. Our evidence suggests that dispersion also depends positively on price levels, after controlling for consumer, market, and state heterogeneity.

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Chládková, H., Z. Pošvář, and P. Žufan. "Consumer habits in the Czech wine market." Agricultural Economics (Zemědělská ekonomika) 50, No. 7 (2012): 323–30. http://dx.doi.org/10.17221/5210-agricecon.

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The paper includes partial results of the research oriented on the habits and behaviour of consumers in the wine market in the Czech Republic. Based on direct questioning of 1&nbsp;000 respondents from the whole Czech Republic, we found that 11.3% of respondents drink wine several times a&nbsp;week, 29.8% of respondents at least once a&nbsp;week, and 23.2% drink wine several times a&nbsp;month. Only 2.7% of respondents do not drink wine at all. 30.3% of respondents drink wine more often than before, especially because of the fact, that they like wine more, it is of a&nbsp;b

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Kučerová, R., and P. Žufan. "Market position of selected competitors of the Czech wine market." Agricultural Economics (Zemědělská ekonomika) 54, NO. 7 (2008): 343–46. http://dx.doi.org/10.17221/2711-agricecon.

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The paper tries to map the market position of eight competitors of the Czech wine market in the period 2001–2006. Authors use the Map of the Marketplace approach and compare key economic indicators – Relative Market Share and Return on Assets – of the selected firms. During the analyzed period, we can see that some changes of one or both indicators happened in all eight cases, but these were not major changes and it is possible to say that most of businesses kept their position. The leader of the market is the group Bohemia Sekt, the majority of eight analyzed businesses is in the position of

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Schmitt, Matthias, Claus-Dieter Patz, Anja Rheinberger, et al. "Analytical examination of dealcoholized wines." BIO Web of Conferences 68 (2023): 02006. http://dx.doi.org/10.1051/bioconf/20236802006.

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The demand for dealcoholized wine has been steadily increasing in recent years. Moreover, the attention for such products is probably increasing even more. More producers are seeking to participate in the marked to dealcoholized wine. Due to that increasing demand and market awareness the different legal authorities are also discussing the regulation and harmonizing of rules, for those products. However, there is a lack of precise data on how to analytically describe these products on the market. To this end, the present study examined 200 commercial dealcoholized wines and their carbonated va

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Romero-Gómez, Exequiel, and Gustavo Ferro. "Determining wine relevant markets." International Journal of Wine Business Research 32, no. 4 (2020): 523–36. http://dx.doi.org/10.1108/ijwbr-10-2019-0053.

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Purpose This study aims to verify how the product-relevant market for wines should be defined. To do so, the authors apply an empirical methodology to determine the levels of substitution among wine-categories, identifying each relevant market in Argentina. Design/methodology/approach The authors perform an econometric analysis applying the nested logit methodology that will enable us to estimate cross elasticities in wine segments in the Argentine market. The database contains 1,367 brands and a maximum of 395 firms offering products of different segments. If cross elasticities between wine s

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Czupryna, Marcin, and Paweł Oleksy. "The Effect of an Electronic Exchange on Prices and Return Volatility in the Fine Wine Market." e-Finanse 14, no. 4 (2018): 22–35. http://dx.doi.org/10.2478/fiqf-2018-0025.

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AbstractFine wine has become an attractive alternative asset class in recent decades. In our study, we take the market microstructural perspective and verify how innovations in trading infrastructure affect the fine wine market. More specifically, we examine the average prices and the return volatility of fine wines traded on three different trading systems: automated electronic exchange, auctions and over-the-counter agreements (the OTC market). Our findings confirm an important role of a fully automated, cost-effective wine exchange in improving pricing efficiency and reducing market risk. T

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BRANISLAV, VLAHOVIĆ, PUŠKARIĆ ANTON, and NACKA MARINA. "WINE MARKET IN THE EUROPEAN UNION." Contemporary Agriculture (2014) 63, no. 1-2 (2014): 146–52. https://doi.org/10.5281/zenodo.5924061.

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In the paper were analyzed the wine market in the European Union. The basic data source is Global Trade Atlas, in the time interval from 2010 to 2012. The wine production in the European Union is around 164 thousand hectolitres. In export structure dominate the bottled wines (67.9%), and then follow the wine in bulk (22.7%), the lowest share is of the sparkling wine with 9.4%. The largest wine export has been directed to USA market (23.3%), and then follows the Russian Federation (16.3%) and China (9.9%). The biggest wine exporter in the European Union is Italy, then Spain and France. The Euro

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Bo Liu, Hong, Breda McCarthy, Tingzhen Chen, Shu Guo, and Xuguang Song. "The Chinese wine market: a market segmentation study." Asia Pacific Journal of Marketing and Logistics 26, no. 3 (2014): 450–71. http://dx.doi.org/10.1108/apjml-07-2013-0089.

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Purpose – The purpose of this paper is to examine how the Chinese wine market can be meaningfully segmented and to explore marketing implications for the Australian wine sector. Design/methodology/approach – The research is descriptive in nature, using an online survey to collect quantitative data on wine consumer behaviour. A total of 407 responses were obtained. Data analysis included descriptive analysis (frequency distributions) and cluster analysis. Findings – The research identifies three clusters of wine consumers: “the extrinsic attribute-seeking customers”, “the intrinsic attribute-se

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Benia Maia, Benia Maia. "World Economy of Winemaking." Economics 105, no. 4-5 (2022): 284–95. http://dx.doi.org/10.36962/ecs105/4-5/2022-284.

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Old traditional winemaking countries are now ahead of new winemaking countries. In addition to countries with European and Middle Eastern viticultural traditions, wine production has begun on a large scale in Canada, Australia, Argentina, Chile, Mexico, New Zealand, South Africa, Australia and the Americas. The top wine exporters in 2019 are dominated by international wine trade in Italy, Spain and France - the total of 57.1 million hectoliters, which is 54% of the global market. Germany, the United Kingdom and the United States were the largest importers - a total of 40.4 million hectoliters,

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Rossokha, Volodymyr, and Oleksandr Petrychenko. "Wine market potential in Ukraine." Ekonomika APK 311, no. 9 (2020): 17–29. http://dx.doi.org/10.32317/2221-1055.202009017.

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The purpose of the article is to carry out a comprehensive analysis of the raw material market of wine products, production and distribution of wine through sales channels, opportunities and restrictions on the sale of wine in domestic and foreign markets; to determine the state and potential volumes of wine consumption in Ukraine; to elaborate ways and directions of development of production and consumer potential of the domestic wine market to ensure supply and demand formation. Research methods includes an abstract-logical method to substantiate the production and consumer potential of the

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Szilágyi, László, and Adrián Szilárd Nagy. "Verseny és előny – A Decanter World Wine Awards magyar vonatkozású eredményei és azok összefüggése a borok árával." Táplálkozásmarketing 11, no. 1 (2024): 53–60. http://dx.doi.org/10.20494/tm/11/1/4.

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This study examines the relationship between Hungarian wine prices and the results of the 2023 Decanter World Wine Awards (DWWA). The study analyses the relationship between the DWWA and the prices of medal-winning Hungarian wines and the impact on the Hungarian wine sector. An analysis of the correlation between the Decanter World Wine Awards and Hungarian wines shows the price-shaping effect of wine competitions on the Hungarian and international wine market. By taking advantage of the recognition and credibility provided by the DWWA, Hungarian winemakers have the opportunity to position the

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Todoriuk, Olga B., and Nataliia B. Ilchenko. "Features of the Organized Wine Distribution: The Foreign and Domestic Experience." Business Inform 2, no. 541 (2023): 137–44. http://dx.doi.org/10.32983/2222-4459-2023-2-137-144.

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The formation of a wine distribution system in each country has its own specifics and depends on many internal and external factors that require a quick response to maintain continuous deliveries and sales. Therefore, there is a need to compare the peculiarities of the wine market formation in the countries under study, since these countries have different distribution systems. The article expands and provides examples of the functioning and principles of distribution in various world markets – in countries that occupy leading positions in the wine industry, and in countries that do not produc

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Mastroberardino, Piero, Giuseppe Calabrese, Flora Cortese, and Miriam Petracca. "The Internationalization of Business and Their Approach to New Markets: A Focus on US Wine Consumer." International Journal of Business and Management 14, no. 12 (2019): 14. http://dx.doi.org/10.5539/ijbm.v14n12p14.

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The paper develops an exploratory research. It aims to understand the elements considered by a wine company to enter the US market and the characteristics considered to be important for US wine consumers when choosing a wine. For this purpose, the paper conducts two different steps of study: (1) it analyzes the US wine market, through a secondary data set; and (2) it studies a random sample of 4,560 reviews of US wines consumers found on CellarTracker. After a reflection on cultural issues related to the internationalization of companies, the paper presents briefly the theme of cross-cultural

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Bargain, Olivier. "French Wine Exports to China: Evidence from Intra-French Regional Diversification and Competition." Journal of Wine Economics 15, no. 2 (2020): 134–62. http://dx.doi.org/10.1017/jwe.2020.1.

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AbstractWhile France leads the way in the Chinese import market of wine, China is France's third largest wine export market by value. In this article, I analyze the determinants of France's wine exports to China, differentiated by French wine growing regions. I estimate a simple demand using a dataset on wine shipments of 100 different types of French bottled wines to China between 1998 and 2015. I find a wide range of income and price effects across French regions—a range not unlike those found by studies spanning multiple countries. Bordeaux wines exhibit the largest Chinese income elasticit

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Liu, Anyu, and Haiyan Song. "Analysis and Forecasts of the Demand for Imported Wine in China." Cornell Hospitality Quarterly 62, no. 3 (2021): 371–85. http://dx.doi.org/10.1177/1938965520981070.

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The aim of this study is to investigate the long-term determinants of China’s imported wine demand and to forecast wine imports from 2019 to 2023 using econometric methods. Auto-regressive distributed lag models are developed based on neoclassical economic demand theory to investigate the long-term determinants of China’s demand for imported bottled, bulk, and sparkling wine from the top five countries of origin. The empirical results demonstrate that income is the most important determinant of China’s imported wine demand, and that price only plays a significant role in a few markets. Substit

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Jiao, Linda. "Macroeconomic determinants of wine prices." International Journal of Wine Business Research 29, no. 3 (2017): 234–50. http://dx.doi.org/10.1108/ijwbr-09-2016-0032.

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Purpose The purpose of this paper is to identify the macroeconomic determinants of fine-wine prices and estimate their impacts. Design/methodology/approach The author models the Liv-ex fine-wine price indices with the macroeconomic variables of emerging and developed markets on a monthly basis from 1996 to 2015. Findings The demand from emerging markets plays a key role in fine-wine pricing and, more precisely, in the price fluctuation of prestige Bordeaux wines. Furthermore, the continuous weakening of the US dollar in real terms favors an increase in fine-wine prices. Since 2011, the slowdow

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Mabaya, Edward, Morgann Ross, Raj Shrestha, and Amity Weiss. "Seven Sisters: wine and womanhood." Emerald Emerging Markets Case Studies 4, no. 8 (2014): 1–12. http://dx.doi.org/10.1108/eemcs-04-2014-0082.

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Subject area The main topics covered by this case are marketing strategies in a saturated market, human resource management, small enterprise challenges and constraints and corporate strategy. Study level/applicability The intended audiences for this case are upper-level undergraduate and graduate students. Students getting their degrees in business, international labor relations, marketing or public policy/administration are the main targets for this case. Students also interested in in agriculture, international development and race relations will benefit from studying this case. Case overvi

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Luchian, Camelia Elena, Dragoș Grosaru, Elena Cristina Scutarașu, Lucia Cintia Colibaba, Andrei Scutarașu, and Valeriu V. Cotea. "Advancing Sparkling Wine in the 21st Century: From Traditional Methods to Modern Innovations and Market Trends." Fermentation 11, no. 4 (2025): 174. https://doi.org/10.3390/fermentation11040174.

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Sparkling wine production has changed over time due to ongoing technological developments and market adjustments. This study provides an overview of the historical context, the characteristics of raw materials and base wine, modern technologies and current trends in the sparkling wine market. Important scientific advances with potential for wide-scale applicability are highlighted, such as the investigation of unconventional grape types, the progress of winemaking methods and the effects of compositional changes on quality and sensory characteristics. In addition, the nutritional effects of bi

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Domingos, Nuno. "The Market as Mediator: The Corporate Creation of Portuguese Wine." Gastronomica 16, no. 3 (2016): 31–43. http://dx.doi.org/10.1525/gfc.2016.16.3.31.

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This article focuses on how market analysis professionals aim to materially and symbolically shape a product like wine. More specifically, I deal with the case of the strategy for marketing Portuguese wines in British and North American markets, outlined by an international multinational consulting firm in 2004. In a market defined by uncertainty, market experts’ strategies to turn Portuguese wine into a more effective commodity demanded an adjustment in light of the dominant tendencies that support the wine industry. Before tradition, method, taste, and place, the market should dictate what k

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Juaneda-Ayensa, Emma, Cristina Olarte-Pascual, Eva Reinares-Lara, and Pedro Reinares-Lara. "The “right” wine taster." British Food Journal 121, no. 3 (2019): 675–96. http://dx.doi.org/10.1108/bfj-05-2018-0303.

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PurposeThe theory of emergent nature argues that the “right” people have a unique ability to imagine and envision how products might be developed so that they can be successful in the marketplace. The purpose of this paper is to apply this theory to the wine market to evaluate the ability of wine tasters with the “right” profile (i.e. high in emergent nature) to identify benefits applicable to the development of a new wine.Design/methodology/approachTwo sequential studies were performed to collect data: a qualitative study of a sample of 44 professional wine tasters to identify the “right” pro

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Kasradze, Tea, Maka Nutsubidze, and Pikria Kapanadze. "Recent Opportunities for Increasing Georgian Wine Export - Incentives or Obstacles to Improving Wine Quality." European Journal of Interdisciplinary Studies 8, no. 1 (2022): 67. http://dx.doi.org/10.26417/357fcq80.

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Along with the internationally recognized image of Georgian wine and the increase of wine exports, special attention is paid to maintaining and improving the quality of Georgian wine. Taking into account the requirements of the local and international wine markets and, consequently, promoting the development of a competitive market remains a challenge for Georgian law. The creation of favorable conditions for the export of wine at the local and international level implies, first of all, the existence of legal regulations. The aim of the Law of Georgia on Vine and Wine and its accompanying subo

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Ohana-Levi, Noa, and Yishai Netzer. "Long-Term Trends of Global Wine Market." Agriculture 13, no. 1 (2023): 224. http://dx.doi.org/10.3390/agriculture13010224.

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The major factors of wine trade have been showing distinct patterns of temporal trends worldwide in past decades. Wine consumption, production, imports, and exports differ according to their location and classification to Old World and New World wine markets. Using datasets from various sources, this work focused on quantifying long-term trends (1995–2021) of these wine industry factors for each country, including long-term means and temporal trends, using the Mann-Kendall trend test, and resulting in Z-scores. The temporal relationships between these global factors were quantified by applying

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S Kumar, Anoop. "Adaptive market hypothesis: An empirical analysis of the Wine Market." Wine Economics and Policy 10, no. 2 (2021): 99–109. http://dx.doi.org/10.36253/wep-9492.

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We test the nature of weak form informational efficiency present in the wine market using daily return of LIV-EX 50 index from 1/1/2010 to 12/6/2020. First, we employ a number of statistical tests including variance ratio tests, tests for linear and non-linear dependence and Hurst coefficient. The tests are applied on the full dataset and on four non overlapping sub-samples of equal length. The variance ratio tests provide a mixed regarding informational efficiency. Evidence of non-linear dependence in the return series was found. The Hurst coefficient values confirm the presence of long run p

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Peres, Stephanie, Eric Giraud-Heraud, Anne-Sophie Masure, and Sophie Tempere. "Rose Wine Market: Anything but Colour?" Foods 9, no. 12 (2020): 1850. http://dx.doi.org/10.3390/foods9121850.

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In many countries, the consumption of still wine is in strong decline. The market for rose wine, however, stands in stark contrast to this trend, seeing worldwide growth of almost 30% over the last 15 years. For most observers/experts, product colour plays an important role in this paradigm shift. For this reason, companies’ marketing efforts often focus on this purely visual characteristic. There is, however, no certainty that other emerging consumer demands, related to environmental concerns or how “natural” a wine is (organic wines, natural wines, etc.), do not also play a role in the enthu

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Krupitskaya, L., and V. Lutskova. "Analysis of the assortment of ice wine in online stores in Ukraine." Ekonomìka ta upravlìnnâ APK, no. 1 (155) (May 21, 2020): 141–48. http://dx.doi.org/10.33245/2310-9262-2020-155-1-141-148.

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Unbalanced structure of the assortment leads to the decrease in the level of proft, loss of the competitive position of enterprises, including wine ones, in promising markets. In the conditions of the modern wine market, there is a tendency to increase consumer inﬂuence on the formation of the assortment range of wineries, focusing on wines with original consumer properties, in particular ice. Ice wine is a rare wine of a special type, the technology of which involves the use of non-classical methods of processing grapes. Therefore, ice wine is characterized by original consumer properties lea

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Kučerová, R. "Factors of the attractiveness of Slovak wine market and their influence on the Czech wine export to Slovakia." Agricultural Economics (Zemědělská ekonomika) 60, No. 9 (2014): 430–39. http://dx.doi.org/10.17221/130/2013-agricecon.

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The contribution follows the development of Czech wine exports to Slovakia, depending on the development of the wine industry attractiveness in Slovakia. Wine export from the Czech Republic to Slovakia in the terms of volume and value of exports, both globally and in the division of export bulk and bottled wine, is confronted with the development of factors influencing the wine sector attractiveness in Slovakia. The Slovak wine market is a market in the phase of growth, the wine consumption per capita in 2011 reached 14.7 Lt.; the domestic production covered only 46% of the domestic consumptio

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Halková, M. "The factors of competitiveness and the quantification of their impact on the export efficiency of grape and wine in the Slovak Republic ." Agricultural Economics (Zemědělská ekonomika) 52, No. 8 (2012): 389–94. http://dx.doi.org/10.17221/5040-agricecon.

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The paper devotes attention to evaluating the factors of competitiveness and the quantification of their impact on the export efficiency of grape and wine in the Slovak Republic. For the reason of bad conditions in grape production, Slovakia has not covered the domestic wine demand in years 1998&ndash;2003 and therefore wine was imported to Slovakia. Opposite&nbsp; to, some European wine-producing countries, Slovakia does not suffer from wine overproduction and Slovak vintners have not got problems with selling their production on foreign market. After the downfall of custom protection

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Williamson, Patricia Osidacz, Simone Mueller Loose, Larry Lockshin, and Leigh Francis. "Predicting Wine Repurchase." International Journal of Market Research 59, no. 4 (2017): 471–94. http://dx.doi.org/10.2501/ijmr-2017-021.

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The aim of this study is to extend an existing method to untangle the effect of taste (intrinsic) versus label information (extrinsic) on repurchase in a new-to-wine market. Results from a repeated discrete choice experiment (DCE) conducted before and after tasting a set of wines in China are compared with a control group that only performed the repeated DCE, but not the informed tasting. Fundamental differences were observed in choice response for the control group between the two sets, indicating a low stability of preferences and low test-retest reliability. There was a narrow range of resp

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Dressler, Marc. "The German Wine Market: A Comprehensive Strategic and Economic Analysis." Beverages 4, no. 4 (2018): 92. http://dx.doi.org/10.3390/beverages4040092.

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Even though it is famous for beer, Germany offers one of the most attractive wine markets, exemplified by being the fourth biggest wine consumption market and a world champion in sparkling wine consumption as well as in wine imports. Still, fragmentation, intensive competition, lack of growth, and a changing environment speak to a challenging market for suppliers. In the absence of a comprehensive investigation on the market, this article aspires to deliver an economic and strategic market analysis. The statistical data is therefore complemented by the primary market research, notably online s

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Richter, Barbara, and Jon Hanf. "Competitive Strategies for Wine Cooperatives in the German Wine Industry." Wine Economics and Policy 9, no. 2 (2020): 83–98. http://dx.doi.org/10.36253/web-8872.

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The wine industry is significantly affected by globalization and changes in consumption habits and shifts in lifestyle, which lead to changes in the market environment and intensity of competition in the wine markets. Overall, wine cooperatives have a market share of more than 40 % in Europe. In Germany, they account for around one third of the total wine production. The decreasing number of wine cooperatives and their members leads to the assumption that wine cooperatives have difficulties adapting to the different market environment and though, need to select and implement competitive strate

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Geraghty, Sarah, and Ann M. Torres. "The Irish wine market: a market segmentation study." International Journal of Wine Business Research 21, no. 2 (2009): 143–54. http://dx.doi.org/10.1108/17511060910967980.

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Vladimirović, Ivana, and Jelena Jevtić. "Marketing positioning and branding of Serbian wines." Poslovna ekonomija 16, no. 2 (2022): 54–71. http://dx.doi.org/10.5937/poseko22-40626.

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The purpose of the academic study is establishing a clear vision and objective in the process of Serbian wine branding in the demanding international market. Wines produced with as few oenological interventions or manipulations as possible, combined with a significant amount of faith and quality assurance certainly make a good foundation for success. The comparative method with the viticultural and winemaking situation in Croatia has been applied. The wines made from local and indigenous sorts have the greatest chance of the global market positioning. The indigenous sorts of wine, Tamjanika an

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Lee, Kyuho, Jinlin Zhao, and Jae-Youn Ko. "Exploring the Korean Wine Market." Journal of Hospitality & Tourism Research 29, no. 1 (2005): 20–41. http://dx.doi.org/10.1177/1096348004268195.

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Insel, Barbara. "The Evolving Global Wine Market." Business Economics 49, no. 1 (2014): 46–58. http://dx.doi.org/10.1057/be.2014.3.

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Garrett, Peter. "South African Wine Market Survey." International Journal of Wine Marketing 9, no. 1 (1997): 53–63. http://dx.doi.org/10.1108/eb008667.

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Lado Arabidze, Lado Arabidze. "Modern Trends in Development of Winemaking." Economics 104, no. 3-5 (2021): 105–14. http://dx.doi.org/10.36962/104/3-5/202101105.

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Each year wine production is increasing in the world. New consumers emerge from around the world. As the wine business increases the new trends come on the consumer market and winemakers are trying to keep up. By the information from Statista – biggest business data platform in 2019 sales of the wine in dollars was 378 277 million USD. For the wine business 2020 was big challenge. As the world was covered with pandemic disease COVID-19. During the first part of the year the sales of almost every product got decreased, same happened to the wine market. So, the wine producers had to create new t

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Yabin, Wang, and Jiagui Li. "Segmentation of China’s online wine market based on the wine-related lifestyle." British Food Journal 122, no. 8 (2019): 2385–401. http://dx.doi.org/10.1108/bfj-04-2019-0295.

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Purpose The purpose of this paper is to explore China’s online wine market segmentation on the basis of the wine-related lifestyle (WRL). Moreover, this study can provide further understanding and reference about China’s wine market segmentation research, which is limited at present. This work can be helpful for those who want to do further research in the Chinese wine market. It is good for wine importers wanting to import wine to China to understand the Chinese wine consumers. Design/methodology/approach Survey data were obtained from a sample of 3,369 participants through cooperation betwee

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Wilson, Damien, and Maxwell Winchester. "Extending the double jeopardy and duplication of purchase laws to the wine market." International Journal of Wine Business Research 31, no. 2 (2019): 163–79. http://dx.doi.org/10.1108/ijwbr-12-2017-0072.

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Purpose This study aims to understand the market structure and explore the applicability of recognised generalisations to a European wine retail market. The study considers whether brands in European wine retailing follow the established double jeopardy and duplication of purchase laws, with the aim of investigating their limits so as to identify where market partitions are evident. Design/methodology/approach The researchers conducted a cross-purchasing analysis within the wine category over a 12-month period, using a customer panel of n = 25,000 across a chain of independent retail stores in

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Pyšný, T., Z. Pošvár, and S. Gurská. "Analysis of selected demand factors of wine market of the Czech Republic." Agricultural Economics (Zemědělská ekonomika) 53, No. 7 (2008): 304–11. http://dx.doi.org/10.17221/1151-agricecon.

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This paper analyzes the data on the development of the main factors of the demand for wine and wine consumption in the Czech Republic. The average annual wine consumption, one of the wine demand factors, grew between1991 and 2005 from 14.8 l to 17 l per capita. Following this trend, we can expect the average annual wine consumption 17.4 l per capita in year 2010. However there are critical factors in the development of the demand for wine demand here. Specifically it is the daily feasible ratio of alcohol in wine and other alcoholic drinks, especially beer that we can treat as the substitute o

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Kostovčík, Tibor, Karel Šrédl, and Dita Hommerová. "Competition in the sparkling wine market in the Czech Republic." International Journal of Wine Business Research 32, no. 1 (2019): 1–21. http://dx.doi.org/10.1108/ijwbr-07-2017-0048.

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Purpose Vine growing for the production of wine constitutes one of the major areas of agriculture of the Czech Republic, and in recent years, it has been qualitatively improved. The purpose of this paper is to find out whether oligopolistic market structures have come into being on the sparkling wine market in the Czech Republic, and whether some wine firms have a dominant position on the sparkling wine market. Design/methodology/approach The purpose of this study is to find, compare and carry out a statistical analysis of data on the production and sale of sparkling wines in the Czech Republi

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Ticau, Iulia Ruxandra. "Evolution of the wine market in Europe: trends and barriers in the context of the COVID-19 pandemic." Proceedings of the International Conference on Business Excellence 16, no. 1 (2022): 918–32. http://dx.doi.org/10.2478/picbe-2022-0086.

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Abstract Evolution of the COVID-19 pandemic has brought considerable transformations to the worldwide markets, creating an economic and sanitary crisis. Distribution channels were disrupted, affecting supply networks and business models. With restaurants and bars closed down, banned airlines and travel restrictions implemented, the economic well-being of worldwide industries got disturbed. As global decreases in alcohol trade were registered, wine market was appraised an industry worthy of being taken under consideration, with focus on its market size, incurred revenues, price evolution and de

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Mehta, Ritu, and Nivedita Bhanja. "Consumer preferences for wine attributes in an emerging market." International Journal of Retail & Distribution Management 46, no. 1 (2018): 34–48. http://dx.doi.org/10.1108/ijrdm-04-2017-0073.

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Purpose The growing wine market in India presents a tremendous opportunity for marketers to formulate a strategy targeted at the Indian consumers. The purpose of this paper is to identify the attributes that are important for young wine drinkers in their selection of wine, the preferred option within the identified attributes and the relative importance consumers place on the identified attributes. Design/methodology/approach In-depth interviews were carried out to identify the attributes of primary importance in the wine selection process. Subsequently, conjoint analysis was conducted on the

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Koroleva, A. "Modern trends of investing in the international market of collectible wines." Bulletin of Science and Practice, no. 2 (February 15, 2017): 278–86. https://doi.org/10.5281/zenodo.291911.

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The article examines the foundations of international investment in the global market of wine and wine collections as objects of alternative investment for investors around the world. Due to the economic crises and financial instability arising from the world stock markets, the investors for inclusion in their investment portfolios wine collection is increasing, which is also dependent on the capabilities and advantages possessed by these objects, unlike the traditional assets. Vintage wines with reasonably high investment return can help investors save their investment from rising inflation a

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Barisan, Luigino, Vasco Boatto, Luca Rossetto, and Luigi Salmaso. "The knowledge of Italian wines on export markets." British Food Journal 117, no. 1 (2015): 117–38. http://dx.doi.org/10.1108/bfj-07-2013-0192.

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Purpose – The European Union (EU) has strongly rearranged the management of EU wine policy by introducing actions for promoting wine in third countries. The purpose of this paper is to evaluate factors affecting the knowledge of Italian wines in foreign consumers, i.e., to what extend wine promotion actions can improve the consumer’s awareness or the reputation of Italian wines. As a consequence, these activities may increase the wine consumption as well as wine exports in emerging markets. Design/methodology/approach – Data have been collected through survey questionnaires where information a

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Lai, M. B., A. Cavicchi, K. Rickertsen, A. M. Corsi, and L. Casini. "Monopoly and wine: the Norwegian case." British Food Journal 115, no. 2 (2013): 314–26. http://dx.doi.org/10.1108/00070701311302267.

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PurposeThe Norwegian retail market for alcoholic beverages is controlled by a state monopoly. Wine and other alcoholic beverages above 4.75 per cent alcohol, can only be bought in government stores called The Wine Monopoly (Vinmonopolet in Norwegian) or consumed in hotels, restaurants, bars, pubs, or catering firms. The purpose of this paper is to provide an overview of the Norwegian wine market and present some of the major opportunities and constraints facing foreign producers.Design/methodology/approachThe objective of this article is twofold: first, to explain the role of the actors in the

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Macedo, Anthony, Sofia Gouveia, and João Rebelo. "Macroeconomic determinants of Port and Douro wine exports: An econometric approach." REGION 7, no. 2 (2020): L1—L8. http://dx.doi.org/10.18335/region.v7i2.314.

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This study analyses recent trends (2006-2018) in Port and Douro wine exports and estimates their macroeconomic determinants. The results of the gravity equation reveal that the purchasing power in importing countries is the most important export determinant of Port and Douro wines. Therefore, in order to increase exports, the strategic decision-makers concerned with the industry should pay special attention to the markets in wealthier countries or with a high potential for economic growth, taking into account issues such as market access, adaptation to the market to wine consumption, and regul

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Gonçalves, Tânia, João Rebelo, Lina Lourenço-Gomes, and José Caldas. "Wine price determinants. Is there a homogeneous international standard?" Wine Economics and Policy 10, no. 1 (2021): 33–55. http://dx.doi.org/10.36253/wep-8879.

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This article presents an international comparison of the main determinants of wine prices in specialist online wine shops. Hedonic price functions were estimated for 9624 wines spread among four datasets from France, Italy, Germany and Australia. To explain price variation data was collected on wine classification, closure type, wine origin, medals or awards, vintage, alcohol content, color, and grape variety. Results from quantile regression models show that the wine vintage is a common price driver in all markets and quantiles. A quite similar effect was found for alcohol content. In terms o

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BAKHTADZE, Irina. "Export of Georgian Qvevri Wine to the United States - Sharing Culture, History, and Traditions." Journal in Humanities 7, no. 2 (2019): 7–11. http://dx.doi.org/10.31578/hum.v7i2.373.

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Viticulture and winemaking not only strengthen country’s economy, but also endorse socio-cultural and political relationships, create its image as the country of ancient culture,supports development of wine science and implementation of advanced winemaking technologies, promotes successful market strategy and wine tourism. Georgian wines havebeen exported to the US for the last decade and have deserved considerable attention from American consumers. Georgia offered to the market Qvevri wine which is producedaccording to ancient Georgian traditions – wine maturing in ceramic vessels deeply dug

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Claus, Harald. "Wine Fermentation." Fermentation 5, no. 1 (2019): 19. http://dx.doi.org/10.3390/fermentation5010019.

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