In a watershed for the global wine industry, the US overtook Italy in 2011 to become the largest single still light wine market.
According to the IWSR, still light wine sales in the US reached 300.6 million cases in 2011, a rise of 4.2% over 2010. Meanwhile, the Italian market declined by 1.2% to 297.3 million cases. France also continued its long-term decline, falling by 0.8% to 271.6 million cases.
In the US, local wines increased by 5.1% to 221 million cases, whereas imports increased by 1.9% to 82.1 million cases. Within that, demand for Moscato and sweet red wines soared in 2011. This demand has been met mainly by local brands and Italian wines.
Old World wines in general have done well, with rises for Italy (+9.1%), France (+5.4%) and Spain (+8.7%). Meanwhile, unfavourable exchange rates have dampened demand for wines from Chile (-4.4%) and Argentina (+0.5%).
Australian wines (-7%) continue to struggle in the face of local brands priced at a similar level, and as consumers experiment with other brands from other countries.
Bulk wine increase
There has been a significant increase in imports of bulk wine used for local blending and for sourcing cheap varietals for mainstream brands. There has also been a marked rise in new brands coming to the market.
There is scope for further growth in the US. Per capita consumption is low compared with most major wine consuming countries at just 12.1 litres per annum.
Demographics are also favourable, with an estimated 3.5 million Americans reaching legal drinking age annually, while there is also more frequent usage and wider geographic take-up.
The IWSR forecasts that the US still light wine market will reach 322 million cases by 2015.
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