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Wine's belated globalization, 1845 to 2025

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  • Kym Anderson

    (Wine Economics Research Centre, School of Economics, University of Adelaide, Australia, and Arndt-Corden Dept of Economics, Australian National University, Canberra ACT 2601, Australia)

  • Vicente Pinilla

    (Universidad de Zaragoza, Spain)

Abstract

The latest wave of globalization has seen the share of global wine production crossing national borders treble, to more than 40. Prior to the 1980s, wine was confined mostly to southern Europe with very little trade outside that region. Why was wine globalization so belated? Why did it take so long for wine exports to take off even in the New World regions of European settlement? This article addresses these questions and also seeks to explain the bilateral patterns of wine trade. It concludes by speculating briefly on how wine markets might develop in the foreseeable future.

Suggested Citation

  • Kym Anderson & Vicente Pinilla, 2021. "Wine's belated globalization, 1845 to 2025," Wine Economics Research Centre Working Papers 2021-01, University of Adelaide, Wine Economics Research Centre.
    • Handle: RePEc:adl:winewp:2021-01
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    References listed on IDEAS

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    Cited by:

    1. Giulia Meloni & Johan Swinnen, 2022. "Globalization and political economy of food policies: Insights from planting restrictions in colonial wine markets," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 44(2), pages 766-787, June.
    2. Glyn Wittwer & Kym Anderson, 2021. "COVID‐19’s impact on Australian wine markets and regions," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 65(4), pages 822-847, October.

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    More about this item

    Keywords

    Growth in wine trade; Late emergence of New World wine exporters; Changes in beverage tastes; Premiumization of wine consumption; Beverage market projections;
    All these keywords.

    JEL classification:

    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
    • Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade

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