The WSTA have released their Market Report for the 2nd quarter of 2013. The report contains data and analysis from Nielsen (off trade data), CGA Strategy (on trade data) and Wilson Drinks Report.
Some of the key findings the report highlights are:
In the latest 12 weeks, off trade sales of wine declined by 3% in volume, whilst spirits remained steady with no rise or fall in volume sales.
Champagne was down 2% in the off trade but remains the best performer in wine in the on trade with growth of 9% over the quarter.
On trade sales of Liqueurs were up 18% in volume in the last quarter and 7% in the twelve months to March 2013.
In the off trade, the cheaper end of the wine market continues to show significant declines in volume. All price bands over £5 have shown double-digit growth over the twelve weeks to May 2013.
Inflation is down 2.4% in April 2013, whilst GDP has grown for 2 out of the last 3 quarters and is expected to keep growing.