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Bourgogne wines holding up well despite the pandemic

16/11/2020

In 2020, growth prospects in global wine markets have been subject to the multiple measures taken to halt the spread of COVID-19. Bourgogne, for which exports account for nearly 50% of wine sales, has thus seen some ups and downs in terms of volumes sold, both in France and abroad, depending on the duration and geographical extent of lockdowns and other restrictive measures.

•  Over the first two months of the 2020-2021 campaign, sales from the winery were up 5% on the average for the past five campaigns. They nonetheless remained 8% down on the previous campaign.
•  The 2020 harvest is estimated at 1.55 million hectoliters, slightly higher than the average, but notable for lower yields.
•  Over the first nine months of 2020, exports of Bourgogne wines were greatly impacted by lockdowns and restrictive measures in foreign markets (down 3.9% by volume compared to the first nine months of 2019). Despite this, the months of January and February, and June and July recorded growth by volume.
•  In France, Bourgogne wines held up well on retail circuits (up 4.8% by volume compared to the first eight months of 2019), notably thanks to strong sales in local stores and click-and-collect.