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IMPACT ON THE UK WINE INDUSTRY
BREXIT - IMPACT ON THE UK WINE INDUSTRY Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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2nd largest wine importer worldwide - volume & value
THE WORLD STAGE UK population million EU population 508 million World population 7.2 billion 5th largest economy Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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Brexit is forcing up UK wine prices, warns WSTA
FEAR OF THE FUTURE BREXIT PANIC: Italy admits major wine industry fears as industry demands FREE TRADE WETHERSPOON BOSS COULD PULL PROSECCO AND CHAMPAGNE FROM PUBS OVER BREXIT Kym Anderson & Glyn Wittwer’s briefing paper – ‘Will Brexit harm UK and global wine markets?’ doom-laden predictions Brexit is forcing up UK wine prices, warns WSTA ‘Brexit will hike wine prices by 20% and have us all drinking a lot less.’ - Will Martin Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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Chapel Down’s wine, beer and cider sales up 15% to £11.8m.
WINE GB sets sights on £1bn. worth of sales. A further 1.7m. vines planted Chapel Down’s wine, beer and cider sales up 15% to £11.8m. Exports of British-made booze have risen by 16% thanks to Brexit weakening the pound Rathfinny to sell English sparkling wine in pint bottles post Brexit Hospitality industry wages rise over 10% thanks to Brexit THE GOOD NEWS Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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Wider industry impact – labour, transport, storage, wholesale, retail, hospitality industry, risk aversion DIVORCE BILL Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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Strong focus on sparkling wines Attracting new investment
STRENGTHS Strong focus on sparkling wines Attracting new investment Brand Britain – Wine GB WEAKNESSES High production costs Limited market Competition within the market OPPORTUNITIES Access to new markets Focus on quality Develop wine tourism THREATS Global unrest Tariff war Emergence of new wine regions UK WINE SWOT Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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What to drink? Re Purchase Research BUYING PROCESS Assess Evaluate
Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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PRESTIGE LOOK GOOD REASON TO BUY ENJOYMENT TIME MONEY
Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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you don’t always get what you pay for
PRICE Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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1973 2018 Mateus Rose Liebfraumilch Piesporter Chianti Claret
FULL CIRCLE 1973 Mateus Rose Liebfraumilch Piesporter Chianti Claret Sauvignon Blanc Pinot Grigio Merlot Shiraz Rioja 2018 Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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Because - SERVICE really MATTERS ATTITUDE IS EVERYTHING
SOLUTION FOCUS ON THE CUSTOMER – NOT THE PRODUCT Because - SERVICE really MATTERS and ATTITUDE IS EVERYTHING Brexit – Its Impact on UK Wine Consumption – Linda Piggott-Vijeh – AAWE Conference, Ithaca NY 2018
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