US Wine Imports: High Growth Predicted

Total US Wine Sales

All the signs point to continued rapid growth in US wine imports.  Consider the facts:  [1] Per capita consumption in the US increased by 5% between 2007-2010 (in the same time, France was down 3%, Spain was down 21%).  [2] A growing and relatively youthful US population translates into increased wine consumption (up 35% over the decade).  [3] Wine acreage in California has decreased over the past decade and grape prices are increasing [Wall Street Journal].  It all points to increased US wine imports.  Currently, the US imports 31% of all wine consumed, and the import market share continues to grow.

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