In it, they showed the US market becoming the largest in the world for the first time. Even though this got some play last week, we already broke out the foam fingers a couple of years ago when another organization declared the US the world’s biggest wine market. Of course, in per capita terms, we’re still a relative weakling.
Still, the trend in world wine consumption is clear: the US is one of the few big, growing markets in the world. France sagged a tremendous amount year-over-year (see chart), making one wonder if there was a methodological problem. Also of note in their report, China actually showed a decline.
Anyway, we’ll raise a glass to these statistics–all in the name of keeping the USA at the top of the list!
See the OIV report