Why you’ll pay more for California wine this year (by bizjournals.com)

Posted: January 21, 2013 by wynmaker in California, Cellars, Vinification, Vintage, Wine, Wineries, World wine news
Tags: , , , , , , , , , ,

CA-wines-RGB_web

 

You might think that a flood of primo wine into the market after one of the best grape harvests ever in 2012 might mean lower prices per bottle. You would be wrong.

Silicon Valley Bank’s State of the Wine Industry 2013 report included a survey of winery operators and found that small price per bottle increases are planned for the year ahead.

That could be because winery owners are seeing a tougher 2013. The report forecasts slower growth in 2013 than in the last two years, dropping from an industrywide 11-15 percent growth in 2012 to 4-8 percent growth in 2013.
Read on …

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s