Where are we headed? This is a question which all of us have probably asked ourselves at some point during 2020, as a global pandemic unfolds chaotically across a planet experiencing runaway climate change. Both challenges have directly affected French wine growers, with trade tariffs imposed by the USA on European winegrowers forming a third stress-inducing headwind.
After a generous 2018 French-wine harvest, nature has dialed back on its beneficence by around 12% in 2019: initial estimates put the crop at around 43.4 million hl compared to 49.4 m hl last year. That’s not disastrous, though, especially since clouds have been gathering over the export scene in the last few months: the USA has imposed 25% tariffs on French wines under 14% abv, while sales to Hong Kong (often the preferred route into China for French fine wines) dropping by 26% over the last six months of political turmoil there. The generally hot weather of 2019, of course, may give French wines a helping hand back into the US if those tariffs linger: it wasn’t hard to produce wine over 14% this year.
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