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Business Daily

Why is the French wine industry struggling?

Business Daily

BBC

Business

4.4816 Ratings

🗓️ 2 November 2023

⏱️ 19 minutes

🧾️ Download transcript

Summary

The region of Bordeaux in the south-west of France is perhaps the most famous wine-producing area in the world.

But it’s struggling. While the prestigious, most expensive wines – Saint-Émilions, Pomerols and Margaux are selling well, others are not.

For the producers of the 850 million bottles of the region's famous red wine, it’s a difficult time due to a major decline in consumption.

We look at the reasons for this, the impact it’s having, and what winemakers are doing to help protect their livelihoods.

Presenter: John Laurenson

(Image: A glass of red wine. Credit: Getty Images)

Transcript

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0:00.0

Unexpected Elements is all about finding the surprising science angles to everyday news.

0:06.3

Mine absolutely blood.

0:07.5

Amazing to me.

0:08.6

That's Unexpected Elements from the BBC World Service.

0:12.2

Find it wherever you get your BBC podcasts.

0:25.7

A tractor bulldozing vines before they're pulled up and destroyed.

0:29.1

The sound of a wine industry in crisis.

0:33.4

I'm John Norrinson and for today's Business Daily on BBC World Service.

0:40.4

I've come to Bordeaux in southwest France, perhaps the most famous winemaking region in the world.

0:47.5

And its most prestigious, most expensive wines, its Sainte-a-Milion, Pomerol and Margot are doing well.

0:56.9

But thousands of the winemakers who produce the bulk of Bordeaux's 850 million bottles of wine per year are suffering with huge unsold stock and huge debt.

0:59.6

We went through a period of great sadness.

1:04.5

Everything seemed completely black.

1:06.6

In the evenings, my father and I cried.

1:09.3

The main reason for this crisis, an historic and accelerating decline in consumption.

1:15.7

Young consumers drink less alcohol. They've got less addiction, basically, than my generation or my parents' generation.

1:22.9

Red wine in particular is in trouble. So is it possible that red is dead?

1:27.8

Why are people drinking less and less wine?

1:31.1

And what can be done to save an ailing wine industry?

1:34.8

All coming up on Business Daily.

1:50.8

So, Bacier, we're in a caro de vigné Bastian, 35, who owns with his father the Mercier

1:56.7

vineyard near the Bordeaux village of Cameron.

...

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