News Briefs for December 18, 2017December 18, 2017
•Burgundy exports rose 7.9% to €636.1 million ($750m) in the nine months through September, with the U.S.—the region’s top export destination—playing a key role in the upswing. The U.S., which posted a value rise of 8% in the nine-month period, now accounts for nearly one-quarter of total Burgundy exports in revenue terms, up from 20% in 2009, according to the Bureau Interprofessionnel des Vins de Bourgogne (BIVB). By volume, Burgundy shipments to the U.S. increased 2.5% to 12.6 million bottles through September, marking a rise of about 16% since 2008. Régionale Mâcon white appellations have been driving growth in the U.S., up 7.5% by volume and 13.8% by value for the nine months. Crémant de Bourgogne continued to grow market share, posting a 23.5% rise by volume and 21.3% increase in revenue. Overall, Burgundy’s global exports were down 1% by volume to 58.36 million bottles over the first nine months of 2017.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.