Posts Tagged ‘share’

Of beer and wine
Let’s totally stereotype here and talk about beer in front of the TV while the Flames lose, or beer and a hot dog at the ballpark as the Jays lose.

For some, beer is as Canadian as the Maple Leaf, and anything less would be downright unpatriotic. But, new statistics show, a nation of beer drinkers are increasingly switching from hops to grapes.

“Despite the small increase in beer sales, both in terms of volume and dollar value, the market share dominance of beer continued to decline as consumers turned more to wine,” Statistics Canada said today, referring to numbers that are now a year out of date, but still show how tastes continue to change.

“In 2002, beer had a market share of 50 per cent by dollar value, while wine had 24 per cent,” the agency said in an annual report on alcoholic beverages.

“By 2012, the market share for beer had declined to 44 per cent, while wine accounted for 31 per cent.”

As the business goes, net income among the provincial and territorial liquor authorities rose 3.6 per cent to $6.1-billion.

The report, for the fiscal year that ended March 31, 2012, showed beer and liquor sales climbing 3 per cent from a year earlier, to almost $21-billion.

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What do you think, shall we buy?

What do you think, shall we buy?

 

As prices stabilise and Robert Parker prepares to re-evaluate 2010, Jon Barr, director of EF Wines, has declared “Bordeaux appears to be back”.
Speaking to the drinks business, Barr said that Lafite sales were strong again in Hong Kong, although he added that, “this may just be for the Chinese new year.”

Nonetheless, he continued: “It’s stabilised and people are getting interested again. Prices haven’t gone down, Liv-ex is showing some rises, I think it will be a good year”.

His comments come after a year when Bordeaux was subject to severe price drops as the market took a dip and as buyers branched out into other areas, notably Burgundy, Champagne and the Super Tuscans.
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