Reuters is reporting that Spanish red wine exports to the UK have dropped by 7.5% in value during the first four months of 2025, largely due to new British tariffs based on alcohol content. These changes, introduced in February, have hit Spanish wines hardest, especially reds, which typically contain more than 12.5% alcohol due to…
The new working paper (PDF) examines the projected impact of a US-initiated global tariff hike on the international trade of wine, beer and spirits, set to begin on 8 July 2025. Authored by Kym Anderson and Glyn Wittwer, of the Wine Economics Research Centre, University of Adelaide, the study uses a detailed global model of…
The European wine industry is facing a significant threat following US President Donald Trump’s warning of a 200% tariff on EU wine imports. Trade bodies on both sides of the Atlantic have expressed alarm, warning that such a move would devastate European wine producers and severely disrupt the transatlantic alcohol trade. Ignacio Sánchez, secretary general…
When it comes to the duty on UK wine, one factor aside from price that is increasingly coming into the equation is alcohol level. By reducing alcohol, producers can actually bring the price of wine down to below what it was before the recent duty increases. Speaking to importers at tastings, this is an ongoing…
Richard Siddle writes on the London (Trade) Wine Fair web site on how our wines might be changing soon, without our consent. Richard discusses the complexities and strategies behind wine selection and sales in retail outlets, driven primarily by industry dynamics rather than consumer preference. Factors like international currency strength, harvest quality and government taxes…
The UK’s wine market is undergoing a transformation, influenced by factors like the cost of living crisis, Brexit and new alcohol duty regulations. David Williams, a wine writer for The Guardian newspaper, has some advice for navigating this shifting landscape. David says the new baseline for a good, everyday bottle is £8 rather than £5.99….
If you’ve been visiting the wine shops over the past month, you may have noticed something peculiar. Despite the recent duty hike, not all wine prices have gone up. In some instances, like at Asda, prices initially remained stable, with a few wines experiencing a, greater than duty change, surge much more recently. Meanwhile, The…
From August 1, 2023, the UK has a new taxation policy on alcohol, primarily based on the drink’s alcohol strength. This change is expected to cause an approximate 9% rise in duty for nearly 90% of all still wine. With an additional 10.1% duty increase linked to the Retail Price Index (RPI), wine drinkers are…
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