COGNAC IMPORTS RISE 2.6% IN THE U.S.

The Bureau National Interprofessionnel du Cognac (BNIC) reported last week that global volume for Cognac was up 7.7% for the year ending September 2007. Premium and super-premium Cognacs are doing especially well, coupled with increased demand in Russia and China.

VSOP (Very Superior Old Pale) and XO (Extra Old), sales rose 10.5% and 15.8% respectively, while VS (Very Special) increased only 5.1%.

The US remains the top importer of Cognac, with volumes rising 2.6% to almost 55 million bottles.