Global Wine Markets
The latest wave of globalisation has changed the landscape of wine production and consumption forever.
That's according to a book, Global Wine Markets, 1961 to 2009: a statistical compendium, by Professor Kym Anderson and Ms Signe Nelgen from the University of Adelaide's School of Economics.
"Today, more than one-third of all wine consumed globally is produced in another country, and Europe's dominance of global wine trade has been greatly diminished by the surge of exports from 'New World' producers," Professor Anderson said.
"Rapidly growing wine markets include China, which is stimulating the development of local, modern production that - in volume terms - already rivals Australia, Argentina and South Africa."
This new edition of global wine statistics updates Professor Anderson's previous work to 2009, with a number of key revisions and expansions - with more information about markets in Asia, excise and import taxes, per capita expenditure on wine, the share of the largest firms in national markets and globally, the most powerful wine brands globally, and alcohol consumption per adult as well as per capita.
Professor Anderson is George Gollin Professor of Economics and Executive Director of the Wine Economics Research Centre at the University of Adelaide. He has published numerous articles on the economics of wine, as well as a 2004 book on The World's Wine Markets: Globalization at Work. He has served on the Board of Directors of Australia's Grape and Wine Research and Development Corporation, is a co-founder and Vice-President of the American Association of Wine Economists, and a Co-Editor of the Journal of Wine Economics.
Signe Nelgen grew up in a wine-producing family in Germany and is a PhD student in the School of Economics.
Published by the University of Adelaide Press, Global Wine Markets, 1961 to 2009 can be ordered for $35.00 plus postage, or can be downloaded for free at: ua.edu.au/press/titles/global-wine
The University of Adelaide Press aims to make the University's research accessible globally. The Press publishes books in two editions: paperback and a free electronic edition.