You are currently viewing the International Edition. You can also switch to the Hong Kong Edition.
Thursday 2 July 2015

Napa wine industry generates over $50bn

3rd December, 2012 by Gabriel Stone

A new report has indicated that the Napa wine industry contributes over $50 billion a year to the US economy.

Photo credit: Jason Tinacci / Napa Valley Vintners

Compiled by Stonebridge Research, The Economic Impact of Napa County’s Wine and Grapes found that the region’s wine production has a $13.3 billion economic impact on Napa County, a $25.9bn impact on California as a whole and a $50.3bn impact across the US.

The report’s scope reached from the $3.7bn wholesale, $777.7 million direct sales and $84.1m export sales revenues achieved by Napa’s 789 licensed wineries to factors such as the $1.05bn generated by wine tourism expenditure.

Within Napa County itself, the wine industry was calculated as generating a $2.1bn wage contribution across 46,000 employees. This figure rose to $9.2bn across 303,000 employees when the impact of Napa’s wine industry was extended across the US.

In addition, the industry’s total tax contribution generated over $5bn, while a further $84m came from charitable contributions.

The report found that Napa accounted for 20% of California’s total wine production and “between 16% and 17.5%” of all the wine produced in the US. Meanwhile, sales of Napa wine accounted for 52% of the total retail value of all Californian wine sold in 2011 and 26.6% of the state’s retail volume sales.

Commenting on the report, Napa Valley Vintners’ executive director Linda Reiff said: “This is the most comprehensive examination of our wine industry’s economic impact to date, giving us a more detailed look from a multitude of resources, from one-on-one interviews with wine and wine-related businesses to local, state and federal reporting agencies.”

Based on the report’s findings, she remarked: “The Napa wine industry is healthy and thriving, fueling our local and national economies even in these uncertain times.”

A full copy of the report can be viewed here.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

If that's interesting, how about these?

Constellation to buy Meiomi for $315m

Constellation Brands is to buy Napa-based wine brand Meiomi for $315 million, more...

Yealands sells majority stake

Yealands Family Wines' owner Peter Yealand has agreed to sell 80% of the more...

Top 10 wines in the US press

An impressive Tannat-Merlot-Zinfandel blend from Uruguay and a Vernaccia from more...

Head of On-Trade Sales

London, United Kingdom

Lidl hints at plans for online wine shop

UK supermarket Lidl has not ruled out launching an online wine shop, reporting more...

Bordeaux wine thieves found guilty

A French court has sentenced 15 men over the audacious theft of $1.1 million of more...

Wimbledon serves up English wine

Organisers of this year’s Wimbledon have decided to offer tennis fans English more...

UK Sales Manager

London, United Kingdom

Tesco to announce more sales woes

Tesco's travails look set to continue, as City analysts say it is preparing to more...

The Tour de l'Oc in pictures

A pictorial report of the highs and lows of the Tour de l'Oc cycling challenge more...

China’s Ningxia region launches wine contest

Select winemakers will have the chance to travel to China to learn from its more...

E-commerce, Sales & Marketing Executive

London, United Kingdom

Competitive salary and bonus package based on experience and qualification.

Oregon producer takes international view

One of Oregon’s youngest wine estates has partnered with Jackson Family Wines more...

Diageo appoints North America president

Deirdre Mahlan, Diageo's chief financial officer, has been announced as the more...

Castel feeds aperitif thirst

Europe’s largest wine producer, Castel, has unveiled a raft of new products more...

Sales Executive - Wines & Spirits Competitions

London, United Kingdom

Competitive

UK market in growth as price increases slow

The latest figures from the Wine and Spirit Trade Association show that more...

Bilingual 'tool' demystifies wine tasting

The Australian Grape and Wine Authority has developed a new "tool" which more...

Vinadeis unveils Languedoc 'black diamonds'

One of France’s largest wine producers has launched a high-end Languedoc more...

Social Media Editor

Competitive

Mumm releases Santana sparkler

Legendary guitarist Carlos Santana has teamed up with Mumm Napa to release a more...

Flavoured styles lead drinks NPD

A new report from Nielsen shows that flavoured variants are dominating more...

AB InBev invests $1.5bn in US

Brewing colossus Anheuser-Busch InBev has announced plans to invest over US$1 more...

Global Wine Buyer

London, United Kingdom

Competitive

English fizz attracts new deal

English sparkling wine producer Jenkyn Place has stepped up its ambitions by more...

US Senate passes bill to boost spirits exports

The US senate has been applauded by members of the spirits trade for passing a more...