Sales of French wines are down almost everywhere, even in France itself.

While global consumption of wine rose 4 percent from 2001 to 2005, France’s dropped by 11 percent. Exports to the U.S. slipped 12.5 percent so far this year.

The worldwide wine consumption is expected to grow 10 percent within the next two years. It seems that the front runner in serving these consumption increases are thee New World Wines from Australia, South Africa, USA etc. South Africa has firmly established itself in the European and especially the UK markets.

Brands like Arniston Bay are having huge successes in the UK and other European markets.

Source: Bloomberg