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Spanish wine, the most exported within the last year

Good morning! In today’s blog post of Venerable Capital, experts in the distribution and exportation of alcoholic beverages we will talk about how Spanish wine has been the most exported and marketed in the past year 2018 all around the world. Keep on reading!

Spanish wine: world leader

It is no secret that Spain is a leader in wine production. Thus, in Spain we find 13% of the vineyards of the world, which represent a total of 969,000 hectares. Because Spain is a great producer of high quality wine, the rest of the countries in both the European Union and the rest of the world continually demand Spanish wine, considering it a luxury and expensive product.

spanish wine

The main customers of Spain are located in countries of the European Union because of its proximity and the few barriers when it comes to international trading. As a result, the main customers of Spain in terms of wine exports are France, with 5.9 million hectolitres exported in 2018 and  Germany, with 3.9 million hectolitres.

Africa, a booming market

In comparison to other continents, Africa is the continent that has experienced the most growth when talking about wine exportation in the first quarter of 2019, reaching a total of  37.5 million litres.

Among the main countries in Africa that opt for the export of Spanish wine are Equatorial Guinea, Nigeria, Morocco and South Africa, the latter being also a great market in terms of wine production.

Within the African countries, Morocco  acquires a great importance as it has become the country that invests the most in Spanish wine (always with denomination of origin), reaching to pay up to 9.25 euros for each liter of wine.

spanish wine export

Regarding to export volume Nigeria ranks first, although it pays a lower price per litre than Morocco. South Africa also has a high export volume of Spanish wine, although 2018 data states that the average price per litre payable was around 1.58 euros.

We hope you found this article interesting. At Venerable Capital we are experts in the export distribution of alcoholic and non-alcoholic beverages, so if you are interested in starting to export Spanish wine to one of the countries mentioned above, do not hesitate to contact us. We look forward to your inquiry.

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alcohol consumption in Africa

Regulations regarding alcohol consumption in Africa

Hello everyone! We welcome you again to our blog. In the previous posts we talked about alcohol export taxes in Spain and about international labeling of alcoholic beverages. In Venerable Capital we are specialists in exporting both alcoholic and non-alcoholic beverages, mostly in Africa. Therefore, today we will discuss the different laws and regulations regarding alcohol consumption in Africa.

Beforehand, it should be taken into account that each country in Africa has different laws regarding the regulation of alcohol consumption. However, we will be focusing on the laws that are more usual to happen.

alcohol consumption in Africa

Where can alcohol be purchased?

In Africa, as in almost everywhere in the world, it is possible to acquire alcohol both in bars and restaurants and in specialty shops (liquor stores). However, bars and restaurants tend to tax higher than specialty shops. As a result, it would be a good option to consider selling in liquor stores because the amount the supplier would end up paying will be lower.

Is it legal for minors to drink and purchase alcohol?

In general, most African countries do not have any type of restriction nor penalty regarding alcohol consumption when the person is underage, meaning that no fine would be applied. However, in most countries there is a minimum age for selling alcohol. This age varies by country from 16 to 18 years, with some exceptions such as Cameroon, Egypt or Equatorial Guinea that only allow selling alcohol when the person is 21 years old or older. 2% of African countries have completely banned both sale and consumption of alcohol.

alcohol in africaPublic advertisment of alcoholic beverages

Africa is also an interesting option for exporting of alcoholic beverages since it barely has any regulations when it comes to advertising and promoting alcoholic beverages. 70% of African countries do not have any type of restriction. Only 14 countries of the total have some kind of control over advertisements regarding alcoholic beverages.

We hope you found this article useful. However, exporting and selling alcoholic beverages around the world can a very difficult subjetct for someone that is not an expert in the field. If you have any inquiries after reading this article, we encourage you to contact us through our contact form. In Venerable Capital we are qualified experts in exporting and selling alcoholic beverages, so we will be happy to assist you. We look forward to hearing from you!

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