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SPAIN
The Rioja region has long enjoyed a reputation for excellent vintages
and exports are rising |
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The
transformation of Britains drinking habits over the past 20 years
is little short of remarkable and we are now an important market for wine-makers
around the world. Not only is a much wider range of wine available here,
but the quality has also improved and our knowledge of it has increased.
Allied,
the worlds second-largest wine and spirits group, paid £172.1
million for Bodegas & Bebidas, whose well-known brands include Campo
Viejo, Siglo and Vina Alcorta. Allied already had two main Rioja brands
in its portfolio: Marques de Arienzo and Vina Equia. Spains Rioja region has long enjoyed a reputation for good wine and the quality has been rising steadily. Overall, sales of Rioja wine increased significantly last year by more than 30 per cent in the first eight months alone. Just over 127 million litres were sold in this period, of which 69 million were non-vintage, mainly young, wine.
Enrique
Forner, president of Marques
de Caceres, points out that two major changes have occurred in the
Spanish wine industry over the past half-century. First of all,
the everyday consumption of table wine has decreased and, secondly, quality
wine has replaced the more basic varieties, he says. British
consumers, says Mr Forner, are a very demanding clientele
and the UK was the last export market that Marques de Caceres entered.
The company, which only began selling wine in 1975, now sells to 75 countries
around the world, its most important market being the US. The producers are
making an effort to expand their markets Although
all Rioja wine has the same origin, there are many different kinds, all
of which are differently priced and positioned in the market, depending
on their quality. Marques
de Caceres range of nine varieties includes the Gaudiam brand premium
red wine and the easy-to-drink Crianza. The company also produces wine
in France Chateau Camensac, a grand cru from Haut Medoc. |
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