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This article analyses the situation of global wine markets at the turn of the year 2017.The formation of the exceptionally small harvest 2017 is analysed and implications for international bulk wine prices for new and old wine origins are considered.Effects of the increase of raw material prices on retailer strategies and pricing are examined.Shifting geographical patterns in international wine trade are detailed and the relative importance of wine transports as bottled and bulk wine are discussed.For the German wine market results of a producer survey are presented that allow a reliable estimation of the relative importance of trade channels for sales of German wine.
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