Tag: Cognac export sales

Cognac Popularity Increases
The cognac regulatory board (BNIC) has just announced that there was record growth in 2015, with exports reaching a historical high, both in terms of volume and value. An exceptional performance in each of cognac’s major markets, but especially North America, accounts for these results. The Far East, particularly China, renewed its growth and exports to Europe stabilised. New markets in South Africa and Australia continued to grow and together, now account for more than 6% of all global exports by volume. Cognac is certainly making a positive contribution to French trade figures. A record year in both volume and… Read more

Emerging Markets may be Key to Cognac Sales Growth
At last some good news for the cognac industry which has been hit hard in recent years. Rabobank’s Q3 Spirit Report states that the first couple of months of 2015 have been a ‘little more upbeat’. “Asian markets finally saw a lift because of the Chinese New Year, starting a turnaround from the tough market conditions over the past two years” said a senior analyst. The positive momentum gained has also impacted on other Asian markets, especially emerging ones such as Vietnam and Malaysia. New opportunities for cognac sales are springing up in other regions too. Some sub-Saharan countries are… Read more