Excellent wines – consumers can look forward to that again this year. But there is also a fly in the ointment: the fine wines are becoming more expensive.
Wine lovers have to be prepared for higher prices this year. The winegrowers organized in the German Raiffeisen Association (DRV) are assuming an excellent quality harvest for the 2022 vintage, but also increased costs. The association announced this in a press release.
Increased production costs drive up prices
According to DRV President Franz-Josef Holzenkampf, the reason for this is the high cost of energy, fertilizer and crop protection. The increased prices for bottles, packaging and logistics as well as the increased minimum wage are also decisive for the increase.
It is essential that the increased production costs are also borne by the trade. “Even if our cooperatives cushion a lot for the consumer – there is no way around price adjustments,” explains Holzekampf. In order to maintain the German wine industry even in economically difficult times, he refuses to replace domestic products with foreign wines.
High quality vintage
But there is also good news. In his speech, Henning Seibert, chairman of the DRV expert committee on the wine industry, emphasized that the cooperatives in all the wine-growing regions were assuming a “harvest of outstanding quality and excellent wines”. Regional differences can only occur in terms of quantity and availability.
According to the DRV, 148 winegrowers’ and winegrowers’ cooperatives are currently among its members. They bear the marketing responsibility for almost a third of German wine production.