European Winemakers May Have To Turn A Billion Liters Of Wine Into Industrial Alcohol

Posted: Apr 21, 2020



Having an extra billion bottles of wine might sound great, until you think about the repercussions. This is a real problem European winemakers are facing due to surplus caused by the coronavirus outbreak. The crisis has included a 30% drop in volume and 50% drop in value of the EU wine market due to closures. And making matters worse, another harvest is coming up relatively quickly. That means tanks and storage space need to be emptied to make room before the new grapes are picked. A likely scenario is that much of this excess wine will be distilled down into industrial alcohol. If it comes to distilling, winemakers could be paid as little as 80 cents per liter for their excess wine. The industry is requesting assistance and regulatory changes from the EU to try and forestall the crisis.

April 21, 2020 Source: msn.com 



Go-Wine Sharing and Promotion

Go-Wine's mission is to organize food and beverage information and make it universally accessible and beneficial. These are the benefits of sharing your article in Go-Wine.com

  • It Generates Free Traffic to your site.
  • Your Article Will Get Indexed Faster.
  • Your Google Rankings Will Rise. Google Rise Articles with Positive Participation & Contribution.
  • Your Article Will Reach New Customers and Audience. Go-Wine has a selected audience and visitors from over 120 countries.
  • You always receive credit - you will be cited accurately (Author, Website & Hyperlink).
  • The integrity of the Information is not compromised - you always will be linked to the most up to date version of your article.

Contact Us for more information.

© 2020 Go-Wine©. All Rights Reserved.
Designed by CX Web Design. Vision of Wine Business Academy