South African Wine Rebounds

17 February, 2022

Strong demand from the UK, the US and China helped South African wine exports increase by 12.1% in value to R10.2bn in 2021.

The tequila industry enjoyed record levels of production and exports in 2020, according to the Consejo Regulador del Tequila (CRT).

China’s alcoholic drinks production sector decreased by 8.6% to 249.7 billion yuan ($35.2 billion) in the first four months of 2020, according to new government figures.

Dutch group Marussia Beverages has purchased a controlling stake in Siberian vodka producer Itkulsky Distillery.

Irish Distillers Pernod Ricard has confirmed it will spend €100m on the 2012 expansion of its Midleton Single Distillery, the site where Jameson is produced.

Ian Macleod Distillers has purchased the Tamdhu distillery in Speyside, from the Edrington Group.

Chile: The Asociación de Viñas de Colchagua and the Colchagua Valley Wine Route have estimated a loss of 25 million litres of wine as a result of the earthquake.

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Comment

Tess Posthumus

Staffing crisis could open opportunities

The pandemic has thrown many challenges at bar owners over the past couple of years and the ones that survived the various lockdowns and restrictions deserve a pat on the back. However, while revenues are returning and bars are beginning to recruit once more, we’ve come up against a whole new set of problems, one of which is a global starring crisis.

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