Page 76 - NEWNORMAL_ANIMATED
P. 76

NEW NORMAL


        That speaks for the extraordinary quality that   16.4% more Austrian wine was sold through
        our growers bring to the market year after year”,  this segment in 2020 – with this increase be-
        comments Yorke.                          ing equally distributed across red, white and
          In September, the second wave of COVID-19  rosé wines. The higher sales were fortunate-
        was already bringing renewed restrictions and  ly not linked to any reduction in the average
        a negative impact on exports, both in terms  price: revenue through this sales channel in-
        of volume and revenue. Figures for the year’s  creased by 16.6%, with the average price per

        final quarter are not yet available, but export  bottle going up slightly to €5.39 (compared to
        figures for the full year are expected to be  €5.38 in 2019). Austrian wine’s market share of

        slightly down at around 62 million litres (2.4%  total wine sales through the multiple grocer
        down on 2019) and €175 million (4.4% down  segment grew to an impressive 74.9% – the
        on 2019).                                highest market share since 2000 (the earliest
                                                 year of data available).
        DOMESTIC MARKET: ON-TRADE                  The closure of physical stores consequently
        LOSSES COULD NOT BE RECOUPED             led to a strong shift towards e-commerce re-
          When the hospitality industry was forced to  tailers. According to GfK, the number of online
        close its doors in mid-March 2020, Austrian wi-  purchasers increased between October 2019
        negrowers saw their most important sales chan-  and October 2020 by 48%, rising to around
        nel disappear for two whole months: looking  124,000 people. On average, these consumers
        back at 2019, hospitality and events account-  spent almost €60 per order.
        ed for 58% of all wine consumption in Austria.   „I think e-commerce has ‘come of age’ in 2020,“
        The second lockdown from 3 November 2020  concludes Yorke. “This sales channel will not
        onwards (with estimated end around Easter  lose momentum in the future either. However,
        2021) saw this situation of hardship extend to  stationary retail will not disappear from the sce-

        a third of the year. The figures for total wine  ne - but specialist retailers in particular need a
        sales released by the GastroData market re-  very clear profile and a well-considered range. In

        search institute appear to be strikingly in line  any case, what became apparent in 2020 on the
        with a lockdown of such proportions. From  part of the winemakers is the enormous impor-

        January to December 2020, the on-trade who-  tance of a differentiated sales strategy. And that
        lesale channel saw sales drop by 33% compa-  is also a very central insight that Austria‘s wine-
        red to the previous 12 months. Despite seeing  makers will take with them into the future: to
        some positive trends in other sales channels,  build more pillars in order to make their unique
        they were not able to compensate for the huge  wines available to the growing number of inte-
        slumps experienced through the on-trade.  rested parties worldwide - whether through dif-
           The three-month closure of the hospitality  ferent markets or different sales channels.“  ƅ

        industry led to a significant increase in wine

        consumption at home. According to market
        research institute GfK, sales of Austrian wine
        for consumption at home rose by 17.3% in
        terms of volume and increased by 18.1% in
        terms of revenue. Particularly noteworthy is
        the fact that the proportion of households
        that exclusively bought Austrian wine grew to
        47.3% – the highest rate since 1997.
          Multiple grocers benefited from a notice-

        able increase in sales. According to Nielsen IQ,
       76
   71   72   73   74   75   76   77   78   79   80   81