Ciatti Global Market Report Recaps 2020 and Looks Ahead to 2021
January 14, 2021Updates from the U.S., UK, Argentina, Chile, France, Spain, Italy, South Africa, Australia, and New Zealand. COVID-19 bifurcated the bulk wine market in 2020. Some Central Valley suppliers are out of 2020 wines - particularly Sauvignon Blanc, Pinot Grigio and Muscat, forcing some buyers to source overseas. There's discussion around the Valley's 2021 grapes. International demand is muted: European buyers are assessing the 2020 crops closer to home. Buyers are watching how OND sales and sales in early 2021 performed.