Monday, October 29, 2007

MOSELLE RIESLINGS PROFIT FROM U.S. DEMAND

German wine exports from the Moselle region have increased by 21% in the year ending July thanks to rising demand from the U.S. and Scandinavia. Sales to the U.S. rose 29% to 63 million euros, while exports to the Netherlands reached 8 million euros, 7.5 million euros for the U.K. and 7 million euros for Norway, according to the Moselle Wine Growers Association.

“Americans prefer more and more expensive, high-quality Riesling,” said the group's president Adolf Schmitt said in an interview with Bloomberg.