The three export markets for wine to watch in 2019

1. UK

The London Wine Fair is the UK’s biggest wine trade event (Photo: LWF)

It’s no secret that the UK is in the midst of increased economic uncertainty, which may explain why its overall attractiveness has dropped in Prowein’s survey with a score of -0.5 points this year.

“The attractiveness of the UK wine market has deteriorated,” the report said, “while the perceived risk has gone up.”

The UK also posts the worst expected development until 2021, according to the survey results. This has been blamed on a combination of rising alcohol tax and increased competition from craft beer and spirits producers, which have made the UK market “increasingly difficult for producers.”

“Add to this the economic and legal uncertainties caused by the imminent BREXIT, the modalities of which have still not been clarified yet.”

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