United-Kingdom---Portuguese-Wine

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Introduction ...... 3 United Kingdom: general characterization ...... 4 Geography e Demography ...... 4 Territorial organization ...... 4 Economy...... 6 Production and Wine Consumption ...... 8 Production ...... 8 Consumption ...... 10 Foreign Trade ...... 11 General Overview ...... 11 Wines of Portugal ...... 12 Portugal’s Positioning in the British Market ...... 13 Forecasts ...... 15 Additional Information ...... 16 Market Access ...... 16 Useful Contacts ...... 16 Institutions ...... 16 Imports, Trade and Distribution ...... 17 Annex 1 – Total Imports and Imports by Segment ...... 21 Annex 2 – Suppliers with market share above 1 %, in volume and value...... 26 Annex 3 – Price by segment ...... 27 Annex 4 – Comparative Matrix between suppliers with market share above 1%, in 2002 and 2012 ...... 29 Annex 5 – Comparison of Portuguese Wine Export to the United Kingdom between the first halves of 2012 and 2013...... 30

In the past, Britain colonized large nations like the United States of America, India and Australia, which gave to it the status of a major world power since the nineteenth century until the early twentieth century. It was also the first industrialized country in the world, due to having been the birthplace of the Industrial Revolution and, today, it is the 2nd largest European economy after Germany and the 7th in the world, after Brazil. It is, therefore, a highly developed economy, generating wealth and where citizens have a purchasing power well above the global average and, therefore, a market to be taken into account not only in the wine sector as in others.

This document aims to study the British wine market imports, between 2002 and 2012, by analyzing its evolution and finding which countries have stood out, as well as by analyzing the performance of Portuguese wines.

Firstly, the geography and demography of the UK will be analyzed in detail. Subsequently, the evolution of production and consumption of wine in this country, for the period indicated, will be observed, to then perform the same analysis for the imports made by the UK in the same period. Finally, Portugal’s position relatively to its competitors within this market will be disaggregated, for the purpose of commenting on the current situation, observing the history over the last 10 years and also coming up with some predictions for the coming years.

Portugal is the 10th largest wine supplier in the UK and the 5th in Europe, with a market share of nearly 2%. Portuguese wine exports have increased slightly since 2002, with the greatest advantage of Portuguese wines focusing on price, which increased and is only surpassed by the French, greatly influenced by the sparkling; without the Port wine, the Portuguese price goes down one place, being, nonetheless, only surpassed by New Zealand.

Being an insular and political union consisting of 2 main islands and 4 nations over 244 thousand square kilometers, the UK is the 80th largest country in the world, corresponding to about 6% of the EU territory and almost 3 times the size of Portugal. To contextualize, it has a similar size of Romania and a slightly smaller size than New Zealand or Italy. It is also situated 35 kilometers northwest of France, linked by rail – through the English Channel - and is washed by the North Atlantic Ocean.

It is also the 22th country in the world with the largest population, with about 63 million inhabitants (2011 Census), which corresponds to 6 times the Portuguese population, with around half of the UK population lying in the age group of 25 - 54 and only 25% of the population being young (<24 years). However, the resident population has not grown much, and the average life expectancy has been increasing, standing at 80 years (78 for males and 82 for females). The population consists of various ethnic groups, with the largest urban centers having significant foreign communities established. The GDP per capita of this country is in the top 50 worldwide (34th), being higher than the EU average and also higher than in countries like Japan and France, but lower than in Germany.

The United Kingdom, whose capital is London, is a monarchy constituted by 4 nations, England, Scotland, Wales and Northern Ireland.

Map 1 - Administrative subdivisions of the United Kingdom

England, the largest state of the United Kingdom, has the majority of the population and territory (Table 1), highly diluted in large urban centers such as London, Birmingham or Liverpool (Table 2). Only London, the capital of England and also from the UK, has almost 13% of the population. Edinburgh is the capital of Scotland, the second largest nation in the UK; this 4

is the 2nd largest city in Scotland, behind Glasgow, the largest of this country and the fourth of the UK. This nation has a population of just over 5 million inhabitants and a vast rural territory and mountainous on the north. Wales is, as well, essentially a mountainous nation, with the major cities and industrial centers, Cardiff (capital), Swansea and Newport, being situated in the south and bathed by the Bristol Channel. Finally, the smallest nation in the UK is Northern Ireland, with a population of nearly 2 million inhabitants (Table 1). Its capital is Belfast and the economy is mainly based on agriculture and industry.

Table 1 – Population distribution by nation (2011).

Population % of the United Territory Density (Millions; 2011) Kingdom (km2) (inhab/km2) England 53.01 83.9% 130,395 388 Scotland 5.30 8.4% 78,782 64 Wales 3.06 4.8% 20,779 140 Northern Ireland 1.81 2.9% 13,843 122 Fonte: UK Office for National Statistics, 2011 Census.

London is the largest urban center in the UK, accounting for almost 13% of the total population, eight times more than Birmingham, the second largest city. By comparison, only the 7th largest urban center in the UK, Manchester, equals the population of Lisbon, the Portuguese capital, with about half a million inhabitants. In the list of the 20 largest cities (Table 2), England has 16 cities represented, against two Scottish, one Welsh and one Northern Irish.

Table 2 - Most populous cities in the United Kingdom (2011)

City Nation Population % of the UK London England 8,173,941 12.94% Birmingham England 1,073,045 1.70% Leeds England 751,485 1.19% Glasgow Scotland 593,200 0.94% Sheffield England 552,698 0.87% Bradford England 522,452 0.83% Manchester England 503,127 0.80% Edinburgh Scotland 495,360 0.78% Liverpool England 466,415 0.74% Bristol England 428,234 0.68% Cardiff Wales 346,090 0.55% Leicester England 329,839 0.52% Coventry England 316,960 0.50% Nottingham England 305,680 0.48% Belfast Northern Ireland 280,962 0.44% Newcastle England 280,177 0.44% Hull England 256,406 0.41% Plymouth England 256,384 0.41% Wolverhampton England 249,470 0.39% Stoke-on-Trent England 249,008 0.39%

Fonte: UK Office for National Statistics, 2011 Census.

In 2012, the United Kingdom GDP reached 1,504 thousand million pounds, equivalent to 1,753 thousand million euros (Chart 1) and almost 11 times the Portuguese GDP.

Chart 1 – GDP Evolution in the United Kingdom, in the period of 2002-2012

Real GDP Annual Growth Rate

1.900 € 6%

1.800 4%

1.700 2%

1.600

Thousands of millionsof Thousands 0% 02 03 04 05 06 07 08 09 10 11 12 1.500 -2%

1.400 -4% 1.300 02 03 04 05 06 07 08 09 10 11 12 -6%

Source: UK Office for National Statistics, 2012.

The UK is one of the world's largest economies, the 8th in the world and 2nd in Europe. Its economy grew slightly since 2002, but in recent years it has regressed. As in some other countries of the old continent and followed by a period of very weak economic and financial environment, the British GDP has had very sharp declines over the period 2008-2009 - fell by 0.9% in 2008 and 5.2% in 2009. However, a timid recovery of this economy has been witnessed, with average growth rates of around 1% for both aggregate and also per capita GDP. This country still has a budget deficit of around 7.7% of GDP (2012) and a public debt that reached 90% of GDP in 2012.

Table 3 – Aggregate and per capita GDP, for the 4 nations of the United Kingdom

GDP % of United GDP per capita (thousand Kingdom Total (€) millions €) GDP England 20,357 1,206 80.6% London 34,200 279 18.6% South East 20,923 219 14.6% East 18,591 122 8.2% South West 18,211 108 7.2% Eastern Midlands 17,349 90 6.0% North West 17,263 138 9.2% Western Midlands 16,788 107 7.1% Yorkshire and Humber 16,569 98 6.6% North East 15,621 45 3.0% Scotland 19,744 157 10.5% Northern Ireland 15,795 37 2.5% Wales 14,842 96 6.4% Source: Regional Economic Activity, 2010, UK Nacional Statistics; by the supply side, GDP is equal to the sum of GVA (Gross Value Added) generated in the economy.

In the UK there are small disproportions related to the distribution of generated wealth between regions. The UK economy is concentrated mainly in England, with a representation in GDP of 80%, while the district of London has the highest GDP per capita, followed by the South-East and Scotland. Moreover, central London and the South East are the only regions that exceed the EUR 20,000 per capita, since all other districts lie between 15 and 20 thousand euros (except in Wales). Finally, Northern Ireland is the country with the lowest wealth generated.

The UK is not a typical world renowned wine producing country. According to “English Wine Producers”, a British wine promoting association, presently, the area of vineyard is estimated to lie around 1,284 hectares. It has increased by 43% from 1996 until 2012, but it did not always show growth; until 2004 it decreased, and later increased uninterruptedly from that year until 2012. Wine production has developed differently, decreasing in this period. In 2012, nearly 23 thousand hectolitres of wine (18 white and 5 red) were produced, confirming therefore the propensity of this small country to produce wine.

Chart 2 - Wine production in the United Kingdom, in the period of 1996-2012

Vineyard Surface Wine Production

1,8 36

1,5 30

1000 hl 1000 1000 ha 1000

1,2 24

0,9 18

0,6 12

0,3 6

0,0 0 96 98 00 02 04 06 08 10 12 96 98 00 02 04 06 08 10 12

Source: UK Vineyard Statistics, English Wine Producers, 2012.

The data from the OIV points to different values in recent years, attributing half of the wine production in comparison with the data presented above and disclosed by “English Wine Producers”. According to this association, the UK vineyards are located mainly in England, with particular reference to the southern regions (South West, South Central and South East). Nevertheless, Wales also has vineyards in its coastline and Scotland features a very small number - the apparent reason for this arises from the climate of this region, which is colder and rainier than the South, unfavorable to cultivation. Incidentally, the UK climate is characterized for being very temperate i.e., with mild temperatures and periods of rain throughout the year.

Chart 3 – Vineyard Distribution in the United Kingdom (number of vineyards)

145 122

96 91 66

22 17 5 4 1

South South South Midlands East Wales Others Channel Scotland North East West Center Anglia Islands Source: English Wine Producers, 2012.

Although is not a major wine producing country, the UK has a wide range of grape varieties, originating mainly in France and Germany. The 5 most used correspond to about 62% of the grapes used in the total wine production, with many others with a small percentage. The most used varieties, Chardonnay (20.6%) and Pinot Noir (18.6%), both of French origin, are commonly used in the UK for the production of sparkling wine.

Table 4 – Top 5 grape varieties (plantings)

% of the total Hectares (ha) produced Chardonnay 285 20.6% Pinot Noir 258 18.6% Bacchus 133 9.6% Seyval Blanc 95 6.8% Reichensteiner 84 6.1% Source: English Wine Producers, 2012.

Over the past 16 years the aggregate and per capita wine consumption almost doubled. British aggregated consumption increased from 6.8 to 12.5 million hectolitres from 1996 to 2012, which translates into an increase of 84%. However, this growth has been only verified until 2005, when it began to oscillate infrequently. In 2012, it is estimated that, on average, each UK citizen has consumed nearly 21 litres of wine, a value that has remained constant in recent years. By comparison with Portugal, currently the per capita consumption of the UK is about half of the Portuguese which, according to the OIV, is estimated at 42 liters per year.

Chart 4 – Wine Consumption in the United Kingdom, in the period of 1996 – 2012.

Consumption Per capita consumption

15 25

hl 9

10 12 20 liters/year 9 15

6 10

3 5

0 0 96 98 00 02 04 06 08 10 12 96 98 00 02 04 06 08 10 12 Source: International Vine and Wine Organisation, Data Base StatOIV Extracts.

The wine in the UK is consumed mainly within the adult population and preferably at home, rather than in bars or restaurants. According to a study by ICEX1, the price is the most important factor at choosing wines moment. These consumers tend to look for promotions and the average each man spends, per month, is 38 pounds (45 euros), while women spend 27 pounds (32 euros).

The OIV and “English Wine Producers” association claim that wine consumption will continue to decline, following the trend of the past 2 years, even though the supply of wine has increased in this market due to greater knowledge of wines. It is also expected that individuals will consume "less but better", which will most certainly involve the replacement of national by foreign wines. Only the foreign wine consumption will increase slightly.

1 España Exportación e Inversiones (ICEX), 2013, El mercado del vino tranquilo en Reino Unido. 10

The UK has always had a rather negative trade balance, in the wine sector, not only due to huge import but also due to the low production and, therefore, little export. In 2012, this country imported 142 million boxes2 (1,277 million litres) in the amount of EUR 3.9 thousand million, accounting for an average price of 3.05 €/litre - € 2.29 per bottle (75cl). This country buys cheaper wine than the one who sells, as the average price of exports, although very small, is about double.

Chart 5 – Wine imports in the United Kingdom, in the period of 2002-2012

Value Volume 4,8 180

4,0 150 Million boxesMillion

3,2 120 Thousand million euros million Thousand 2,4 90

1,6 60

0,8 30

0,0 0 02 03 04 05 06 07 08 09 10 11 12 02 03 04 05 06 07 08 09 10 11 12 Source: COMEXT (Eurostat).

Since 2002 to 2012, the UK wine imports increased by 24% in volume and 22% in value, with annual growth average rates of around 2% for both. However, the average price of imported wine decreased slightly in this period, decreasing from € 3.11 to € 3.05. It should also be noted that this decrease was more pronounced in 2010, since over the past two years the price raised € 0.52, absorbing the strong declines recorded in 2003 and in the period of 2008-10 (see Annex 1). Tariffs on wine increased, which caused a slight decrease the imported volume and an increase in the price, since the value also increased.

Table 5 – United Kingdom wine imports by segment, in the period of 2002-2012

Volume Value Price 2002 2012 ∆ % 2002 2012 ∆ % 2002 2012 ∆ %

Total 114,813,167 141,909,588 24% 3,211,493,640 3,900,889,226 21% 3.11 3.05 -2% Sparkling 5,767,782 9,173,176 59% 449,781,132 637,588,943 42% 8.66 7.72 -11% Bottled2 95,692,045 87,456,460 -9% 2,595,017,302 2,823,609,415 9% 3.01 3.59 19% Bulk 13,353,340 45,279,952 239% 163,695,206 439,690,868 169% 1.36 1.08 -21% Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat).

2 For the analysis of total imports of the country under study (United Kingdom) and for simplification purposes, the analysis of bottled wine contains values of Port wine. The analysis of imports of Portuguese wine is already done without Port Wine, which will be analyzed separately. 11

In this analysis, imports of wine made by the United Kingdom were partitioned into three segments, Sparkling, Bottled and Bulk45. Through this methodology, it is evidenced that the growth in imports was mainly due to increased imports of bulk wine and not of bottled wine that grew only slightly and that represented, in 2012, 71% of the total market while in 2002 it was 80%. The bulk wine imported into the UK increased on average 13% per year in volume (cumulative growth of 239% from 2002 to 2012) and 11% in value (cumulative growth of 169%), causing an increase in volume higher to that of value and therefore a decrease in price, not only in the bulk wine but also influencing the overall average value. Prices of all segments decreased with the exception of bottled wine, which increased from € 3.01 to € 3.56.

Portugal is the 10th largest global UK wine supplier (5th European), with a market share of around 1.3% in volume and 1.9% in value; in 2002 these shares were, respectively, 1.7% and 2.1%. However, in the inverse side, the United Kingdom is the target of 4.1% of wine from Portugal, in volume, and 6.5% in value, percentages which have increased over the past 10 years. During the review period, imports of Portuguese wine in this country decreased by 5% in volume but increased 9% in value, which led to an increase in price from € 3.77 to € 4.35. These increased below the totality of imports made by the UK as a result of the negative evolution of Port Wine, but the remaining segments have evolved above the total imports from the United Kingdom.

Table 6 – United Kingdom’s Portuguese wine imports by segment, in the period of 2002-2012

Volume Value Price 3 2002 2012 ∆ % Share 2002 2012 ∆ % Share5 2002 2012 ∆ %

Total 1,979,001 1,897,536 -4% 1.3% 66,861,679 73,833,120 10% 1.9% 3.75 4.32 15% Sparkling 3,711 23,191 525% 0.3% 196,609 1,126,579 473% 0.2% 5.89 5.40 -8% Bottled 927,782 815,012 -12% 0.9% 13,350,093 26,531,419 99% 0.9% 1.60 3.62 126% Bulk 1,564 19,633 1156% 0.0% 22,977 305,122 1228% 0.1% 1.63 1.73 6% Port 1,045,944 1,039,700 -1% 93.8% 53,292,000 45,870,000 -14% 95.4% 5.66 4.90 -13% Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat) and IVV (Vine and Wine Institute).

Imports of Portuguese wine are essentially divided into two segments, Bottled and Port, representing 98% of the total. However, these two segments have had distinct developments in the period under review. Bottled wine imports decreased slightly in volume, but doubled in value, thus increasing the price from € 1.60 to € 3.62, slightly above the average price recorded in the total imports of the United Kingdom for this segment. On the other hand, imports of Port wine declined in value but volume remained constant, which lead to a decline in the price of this segment from € 5.66 to € 4.90; 1 in every 2 bottles of Portuguese wine imported by the United Kingdom belongs to this segment. Lastly, it is worth highlighting the tremendous growth in imports of Portuguese sparkling wine - 473% in value - and a decrease by half in bulk wine, countering the trend of the British Total (to note that imports of bulk wine in the United Kingdom almost tripled).

3 Market shares calculated on the basis of 2012 values. 12

Table 7 – Comparison between prices of total and Portuguese bottled wine, with and without Port wine

Total Bottled Bottled from Portugal WoP without Port Port Imported by the UK 2002 3.01 € 3.75 € 1.60 € 5.66 € 2012 3.59 € 4.34 € 3.62 € 4.90 € Source: COMEXT (Eurostat) and IVV (Wine and Vine Institute).

The volume of Port Wine imported by the United Kingdom has remained virtually unchanged since 2002, but its value declined, causing a decrease in its price. The price of bottled wine from Portugal increased even more than the British total, which consequently also led to the diminishing of the difference between the price with Port and the price without Port - in 2002 the difference was of € 2.15 and in 2012 was € 0.72.

Table 8 - British major suppliers, with market share of over 1%

Value (Euros) Average Price (Euros/liter) Variation Variation Variation Variation 2012 Quota 2012 last year 10 years last year 10 years FRANCE 1,517,785,661 21.7% 44.7% 38.9% 7.58 25.4% 95.4% ITALY 590,296,366 14.7% 129.7% 15.1% 2.33 13.8% 6.4% AUSTRALIA 359,880,100 4.2% -44.6% 9.2% 1.56 8.2% -56.7% SPAIN 312,222,895 6.9% 23.3% 8.0% 2.43 21.4% -10.0% CHILE 232,250,671 2.6% 30.6% 6.0% 2.30 8.3% -37.3% NEW ZEALAND 221,155,704 17.7% 251.7% 5.7% 4.10 17.9% -32.1% USA 172,199,429 7.3% -23.9% 4.4% 1.55 16.3% -47.4% GERMANY 160,748,692 5.1% 17.0% 4.1% 2.67 17.7% 90.5% SOUTH AFRICA 121,199,188 9.6% -45.5% 3.1% 1.43 4.5% -47.4% PORTUGAL 73,578,086 14.7% 9.4% 1.9% 4.35 10.7% 15.3% ARGENTINA 42,025,517 7.8% 46.6% 1.1% 2.81 8.8% -0.8% Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat)

Through the analysis of the statistics on British imports of wine, it is possible to assess the performance of Portugal in this market. In the last year, 2012, there were 11 countries with a market share of over 1%. Moreover, these countries accounted for 98% of the market, with only France and Italy, the two largest UK providers, accounting for 54%. In this ranking, Portugal has a consolidated 10th position, ceding a place in this period (2002-2012) to New Zealand, the country that has evolved since 2002, growing in value but not in price.

Chart 6 - Matrix of the United Kingdom wine suppliers, with market share of over 1% (2012)

9,00 € Volume > 5 million boxes

8,00 € FRANCE (1.517.785.661)

7,00 € Price per litre, in euros in litre, per Price

6,00 €

PORTUGAL 5,00 € (73.578.086)

NEW ZEALAND (221.155.704) 4,00 €

CHILE Average Price 3,00 € (232.250.671) SPAIN (312.222.895) ARGENTINA ITALY (590.296.366) 2,00 € (42.025.517) GERMANY (160.748.692) USA (172.199.429) 1,00 € SOUTH AFRICA AUSTRALIA (121.199.188) (359.880.100) 0,00 € 0 5 10 15 20 25 30 35 Volume in million boxes (9 Litres) Source: COMEXT (Eurostat).

With a share of almost 40%, France is the British supplier that sells most expensively, with its price being very driven by Champagne. Incidentally, the 2nd largest supplier, Italy, has slightly more than one third of the sales made by the French, but has also shown a major evolution since 2002 to 2012, overtaking Australia in this ranking.

Portugal occupies the 10th position, but has got the 2nd highest price in this sample and was the 3rd fastest growing in the last 10 years, in which bottled still wine was largely responsible for this increase. Wines from former colonies of the United Kingdom like the U.S.A. or even Commonwealth7 countries such as Australia and South Africa have been replaced by European wines, even more expensive, and only New Zealand escaped this trend. Lastly, the price of Portuguese wine without Port would position Portugal in 3rd place with an average price of around € 3.62 right behind New Zealand; even without sparkling wine, France would have the highest price of this sample.

In the first half of 2013, and compared with the same period of 2012, Portuguese wine exports to the UK decreased in volume and value. The average price increased slightly, following the trend of recent years.

Bottled wine (including Port wine) is responsible for about 90% of Portuguese exports. In this comparison, exports of this segment declined in volume and value, not increasing much in price. In Bulk, with Port wine included, the evolution was quite different, with very significant increases, largely thanks to the cheapening of exports - volume increased much more than value, which made the price decrease almost by half.

According to IVV data, wines with Designation of Origin (excluding Port Wine), were the only ones to have a good performance in the 1st half of 2013, compared to 2012 - exports increased in volume, value and price. On the other hand, Port wines, of Geographical Indication or Table Wine, have had decreases in the exported volume, as well as in their own value, but only Port wine was shipped cheaper comparing to the first six months of 2012.

Eurostat statistics demonstrate the development witnessed over the last 10 years (see Annex 5) in the shipped volume, which has declined thanks to the Port wine, whose exports fell – it should be noted that Port wine exports represent about half of the total volume of Portuguese wine imports. Although the price of bulk wine has fallen sharply, the price of total wine exports has slightly increased because the price of bottled wine increased.

Finally, and according to Euromonitor forecasts, it is expected that the UK market for wine import decreases after 2012, largely due to the increase in the informal trade and also due to reduced supply - some harvests obtained poorer results, as is the case Italy or Spain. Rising prices and fiercer taxation may lead to a decrease in consumption in this country. The European Commission, on the other hand, forecasts a slight increase in foreign wine consumption, due to any possible increase in imports of European origin wine.

Economic agents should consider the national procedures for exporting to the UK before actually doing so. These standards are provided, amongst others, by the Wine and Vine Institute (IVV) and available in http://www.ivv.min-agricultura.pt/np4/499.

Being a member of the European Union, the United Kingdom is part of the Customs Union, characterized by the free movement of goods and services and the adoption of a common trade policy between member states, among others. Thus, between Portugal and the United Kingdom, there is free movement of goods, capital, people and services, wherefore the goods with origin and destination within the European Union are exempt from taxes and customs controls, despite not waiving enforcement.

The transactions between member states require the payment of Value Added Tax (VAT), which may be deducted later. However, wine being a product with an alcoholic content, has increased Excise Duties. In the UK, all products have to be labeled with the country of origin.

The Agency for Investment and Foreign Trade of Portugal (AICEP) offers a general market research study where it is possible to find more information about the access to the British market (http://www.slideshare.net/exporthub/reino-unido-ficha-de-mercado-exportacao-e- investimento), and the European Commission also publishes general information about the supervision of the Customs Union (http://ec.europa.eu/taxation_customs/taxation/gen_info/index_en.htm) and also data on the functioning of the fees and applicable taxes (http://ec.europa.eu/taxation_customs/taxation/vat/).

The Wine and Spirit Trade Association Tel.: +44 20 7089 3877 E-mail: [email protected] Web: www.wsta.co.uk

Embaixada de Portugal em Londres Tel.: +44 20 7235 5331; Fax: +44 20 7235 0739 E-mail: [email protected] Web: http://portuguese-embassy.co.uk/pt/embaixada.html

Delegação do AICEP no Reino Unido Tel.: +44 20 7201 6666; +44 20 7201 6633 E-mail: [email protected] Web: http://www.portugalglobal.pt/PT/Paginas/home.aspx

Importers Contacts

10 International ABS Wine Agencies Tel.: +44 013 7245 4910 Tel.: +44 017 8075 5810

E-mail: [email protected] E-mail: [email protected]

Web: http://www.10international.com/ Web: http://www.abswineagencies.co.uk/

Alivini Company Ltd. Alliance Wine Web: http://www.alivini.com/ Tel.: +44 015 0550 6060 Web: http://www.alliancewine.co.uk/

Armit Wines Arthur Rackham Tel.: +44 020 7908 0655 Tel.: +44 087 0870 1110

E-mail: [email protected] Web: http://www.armitwines.co.uk/

Atlantico UK Ltd Barwell & Jones Tel.: +44 020 8649 7444 Tel.: +44 020 8418 2888

E-mail: [email protected] Web: http://www.barwellandjones.com/ Web: http://www.atlantico.co.uk/

Berkmann Wine Cellars Ltd Bibendum Wine Ltd Tel.: +44 020 7609 4711 Tel.: +44 084 5263 6924 Web: http://www.berkmann.co.uk Web: http://www.bibendum-wine.co.uk/

Boutinot Bovey Wines Web: http://www.boutinot.com/ Tel.: +44 012 0886 2613

E-mail: [email protected] Web: http://boveywines.co.uk/

Buckingham Schenk C & D Wines Ltd Tel.: +44 017 5352 1336 Web: http://www.canddwines.co.uk/ Web: http://www.buckingham-schenk.co.uk/

Casa Leal Charles Hawkins & Partners Ltd Tel.: +44 079 5757 2957 Tel.: +44 015 7282 3030

E-mail: [email protected] Web: http://www.casaleal.co.uk/

Clark Foyster Wines Ltd Corney & Barrow Ltd Tel.: +44 020 8832 7470 Tel.: +44 020 7265 2400

E-mail: [email protected] E-mail: [email protected] Web: http://www.clarkfoysterwines.co.uk Web: http://www.corneyandbarrow.com/

D & F Wine Shippers Ltd Delibo Wine Agencies Web: http://www.krystalworx.com/dnf/ Tel.: +44 019 9388 6644

E-mail: [email protected] Web: http://www.delibo.co.uk/

El Wines trading as Ehrmanns Enotria Tel.: +44 020 3227 0700 Tel.: +44 020 8961 4411

E-mail: [email protected] E-mail: [email protected] Web: http://www.ehrmannswines.co.uk/ Web: http://www.enotria.co.uk/

Eurofoods and Wines Ltd Eurowines Tel.: +44 015 3486 6817 Tel.: +44 087 0162 1420

E-mail: [email protected] E-mail: [email protected] Web: http://www.euro-foods.co.uk/ Web: http://www.eurowines.co.uk/

Falcon Wine Limited Fields , Morris & Verdin Ltd Tel.: +44 020 8516 7780 Tel.: +44 020 7819 0360 E-mail: [email protected]/ Web: http://www.fmvwines.com/ Web: http://www.falconvintners.com/

First Drinks Great Western Wines Co Ltd Tel.: +44 012 5674 8100 Tel.: +44 012 2532 2810 Web: http://www.firstdrinks.co.uk/ E-mail: [email protected] Web: http://www.greatwesternwine.co.uk/

Hallgarten Druitt Ince Wine Imports Tel.: +44 015 8272 2538 Tel.: +44 020 8847 6211 E-mail: [email protected] Web: http://www.incewines.co.uk/ Web: http://www.hallgartendruitt.co.uk/

John E. Fells & Sons Ltd Les Caves de Pyrene Tel.: +44 014 4287 0900 Tel.: +44 014 8353 8820 E-mail: [email protected] E-mail: [email protected] Web: http://www.fells.co.uk/ Web: http://www.lescaves.co.uk/

Liberty Wines Ltd Lusowest Trading & Consulting Ltd Tel.: +44 020 7720 5350 Tel.: +44 011 7230 1950 E-mail: [email protected] E-mail: [email protected] Web: http://www.libertywines.co.uk/ Web: http://www.lusowest.com/

Marta Vine Moreno Wines Ltd Tel.: +44 016 6185 4533 Tel.: +44 020 8960 7161 E-mail: [email protected] E-mail: [email protected] Web: http://www.martavine.co.uk/ Web: http://www.morenowinesuk.co.uk/

Novum Wines Oakley Wine Agencies Tel.: +44 020 7953 7550 Tel.: +44 012 0686 3330 E-mail: [email protected] Web: http://www.oakleywineagencies.co.uk/

Patriarche Wine Agencies Portovino Limited Tel.: +44 020 7751 2490 Tel: +44 078 3349 3195 E-mail: [email protected] E-mail: [email protected] Web: http://www.castelnau.co.uk/ Web: http://www.portovino.co.uk/

Portugalia Wines UK Ltd Portuguese Story Tel.: +44 020 8965 8970 Web: http://portuguesestory.com/ E-mail: [email protected] Web: http://www.portugaliawines.co.uk/

Raymond Reynolds Wines Russell Mellor & Company Limited Web: http://www.winesfromportugal.com/ Tel.: +44 020 8460 9959 E-mail: [email protected] Web: http://www.russellmellor.co.uk/

Savage Selection Ltd Stevens Garnier & FSA Wine Shippers Ltd Tel.: +44 014 5186 0896 Tel.: +44 018 6526 3308 E-mail: [email protected] E-mail: [email protected] Web: http://www.savageselection.co.uk/ Web: http://www.stevensgarnier.co.uk/

Vinothentic Tel.: +44 020 7241 1140 E-mail: [email protected] Web: http://www.vinothentic.com/

Lojas

Asda Stores Ltd Booths Supermarkets Web: http://www.asda.com/ Web: http://www.booths.co.uk/

Direct Wines Harrods Web: http://www.directwine.pt/ Web: http://www.harrods.com/

Harvey Nichols J. Sainsbury Plc Web: http://www.harveynichols.com/ Web: http://www.j-sainsbury.co.uk/

Majestic Wine Warehouses M&S - Marks and Spencer Web: http://www.majestic.co.uk/ Web: http://www.marksandspencer.com/

Oddbins Spar (UK) Limited Web: http://www.oddbins.com/ Web: http://www.spar.co.uk/

Tesco Stores The Co-operative Group Web: http://www.tesco.com/ Web: http://www.co-operative.coop/

The Wine Society Waitrose Web: http://www.thewinesociety.com/ Web: http://www.waitrose.com/

Wm Morrison Supermarkets Plc Web: http://www.morrisons.co.uk/

United Kingdom: Total Imports United Kingdom: Total Exports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Volume Value Price Var. Var. % Var. Var. % Var. Var. % 2002 114,813,167 N,D, N.D. 3,211,493,640 N,D, N.D. 3.11 € N.D. N.D. 2002 2,669,856 198,399,506 8,26 €

2003 125,631,735 10,818,569 9.4% 3,130,183,714 -81,309,926 -2.5% 2.77 € -0.34 € -10.9% 2003 2,426,698 192,320,262 8,81 €

2004 134,009,397 8,377,662 6.7% 3,430,790,373 300,606,659 9.6% 2.84 € 0.08 € 2.8% 2004 2,305,569 168,210,791 8,11 €

2005 130,303,015 -3,706,381 -2.8% 3,321,773,821 -109,016,552 -3.2% 2.83 € -0.01 € -0.4% 2005 2,293,273 181,913,094 8,81 €

2006 126,379,129 -3,923,886 -3.0% 3,354,530,289 32,756,468 1.0% 2.95 € 0.12 € 4.1% 2006 3,459,474 242,261,915 7,78 €

2007 129,747,244 3,368,115 2.7% 3,661,052,648 306,522,359 9.1% 3.14 € 0.19 € 6.3% 2007 4,939,350 279,405,098 6,29 €

2008 127,949,411 -1,797,832 -1.4% 3,497,625,983 -163,426,665 -4.5% 3.04 € -0.10 € -3.1% 2008 4,656,972 280,244,386 6,69 €

2009 131,600,854 3,651,443 2.9% 3,098,127,428 -399,498,555 -11.4% 2.62 € -0.42 € -13.9% 2009 6,058,713 351,861,463 6,45 €

2010 142,903,411 11,302,557 8.6% 3,254,965,658 156,838,230 5.1% 2.53 € -0.08 € -3.2% 2010 9,656,752 486,364,436 5,60 €

2011 147,768,243 4,864,832 3.4% 3,438,421,615 183,455,957 5.6% 2.59 € 0.05 € 2.2% 2011 9,622,995 616,171,340 7,11 €

2012 141,909,588 -5,858,654 -4.0% 3,900,889,226 462,467,611 13.4% 3.05 € 0.47 € 18.1% 2012 8,756,761 539,223,632 6,84 €

TOTAL 27,096,422 23.6% 689,395,586 21.5% -0.05 € -1.7% TOTAL 228% 172% -17%

Tx.Annual 2.1% 2.0% -0.2% 12.6% 10.5% -1.9% Average

United Kingdom: Portuguese Wine Total Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Quota Litres Quota Value Var. Var. % Var. Var. % Var. Var. % 2002 1,979,001 N,D, N.D. 66,861,679 N,D, N.D. 3.75 € N.D. N.D. 1.7% 2.1% 2003 1,809,871 -169,131 -8.5% 69,827,704 2,966,025 4.4% 4.29 € 0.53 € 14.2% 1.4% 2.2% 2004 1,874,100 64,230 3.5% 62,448,186 -7,379,518 -10.6% 3.70 € -0.58 € -13.6% 1.4% 1.8% 2005 2,056,103 182,003 9.7% 67,107,817 4,659,631 7.5% 3.63 € -0.08 € -2.1% 1.6% 2.0% 2006 1,778,550 -277,553 -13.5% 65,491,143 -1,616,674 -2.4% 4.09 € 0.46 € 12.8% 1.4% 2.0% 2007 1,994,705 216,155 12.2% 73,990,440 8,499,297 13.0% 4.12 € 0.03 € 0.7% 1.5% 2.0% 2008 1,969,235 -25,470 -1.3% 62,589,788 -11,400,652 -15.4% 3.53 € -0.59 € -14.3% 1.5% 1.8% 2009 1,933,255 -35,980 -1.8% 62,416,546 -173,242 -0.3% 3.59 € 0.06 € 1.6% 1.5% 2.0% 2010 1,725,017 -208,238 -10.8% 64,262,023 1,845,477 3.0% 4.14 € 0.55 € 15.4% 1.2% 2.0% 2011 1,813,738 88,721 5.1% 64,142,800 -119,223 -0.2% 3.93 € -0.21 € -5.1% 1.2% 1.9% 2012 1,897,536 83,798 4.6% 73,833,120 9,690,320 15.1% 4.32 € 0.39 € 10.0% 1.3% 1.9% TOTAL -81,466 -4.1% 6,971,441 10.4% 0.57 € 15.2%

Tx. Annual -0.4% 1.0% 1.4% Average Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat).

United Kingdom Imports by segment and Portuguese Wine Imports (Volume, 2012)

Bottled from Portugal 0,6%

Bulk from other Bottled from other Countries Countries 32% 61%

Bulk from Portugal 0,001%

Port 0,7% Sparkling from Sparkling from Portugal other Countries 0,02% 6,4%

United Kingdom Imports by segment and Portuguese wine Imports (Value, 2012)

Sparkling from Bottled from other Portugal Countries 0,03% 71%

Sparkling from other Countries 16% Bulk from other Countries 11%

Port Bottled from 1,2% Portugal 0,7%

Bulk from Portugal 0,001%

United Kingdom: Sparkling Wine Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Var. Var. % Var. Var. % Var. Var. % 2002 5,767,782 N,D, N.D. 449,781,132 N,D, N.D. 8.66 € N.D. N.D. 2003 7,221,348 1,453,566 25.2% 463,435,883 13,654,751 3.0% 7.13 € -1.53 € -17.7% 2004 7,532,293 310,945 4.3% 532,100,261 68,664,378 14.8% 7.85 € 0.72 € 10.1% 2005 8,051,146 518,854 6.9% 548,952,478 16,852,217 3.2% 7.58 € -0.27 € -3.5% 2006 10,549,283 2,498,137 31.0% 580,930,858 31,978,380 5.8% 6.12 € -1.46 € -19.2% 2007 8,704,205 -1,845,078 -17.5% 640,822,983 59,892,125 10.3% 8.18 € 2.06 € 33.7% 2008 8,356,617 -347,588 -4.0% 576,982,939 -63,840,044 -10.0% 7.67 € -0.51 € -6.2% 2009 7,491,912 -864,705 -10.3% 507,078,411 -69,904,528 -12.1% 7.52 € -0.15 € -2.0% 2010 8,566,406 1,074,494 14.3% 568,827,337 61,748,926 12.2% 7.38 € -0.14 € -1.9% 2011 10,488,519 1,922,112 22.4% 584,098,525 15,271,188 2.7% 6.19 € -1.19 € -16.1% 2012 9,173,176 -1,315,342 -12.5% 637,588,943 53,490,418 9.2% 7.72 € 1.54 € 24.8% TOTAL 3,405,394 59.0% 187,807,811 41.8% -0.94 € -10.9% Tx. Annual 4.7% 3.6% -1.1% Average

United Kingdom: Portuguese Sparkling Wine Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Share Litres Share Value Var. Var. % Var. Var. % Var. Var. % 2002 3,711 N.D. N.D. 196,609 N.D. N.D. 5.89 € N.D. N.D. 0.1% 0.0% 2003 4,194 483 13.0% 105,697 -90.912 -46.2% 2.80 € -3.09 € -52.4% 0.1% 0.0% 2004 1,520 -2.674 -63.8% 25,466 -80.231 -75.9% 1.86 € -0.94 € -33.5% 0.0% 0.0% 2005 285 -1.235 -81.2% 14,451 -11.015 -43.3% 5.63 € 3.77 € 202.5% 0.0% 0.0% 2006 686 401 140.5% 13,556 -895 -6.2% 2.20 € -3.43 € -61.0% 0.0% 0.0% 2007 7,196 6.510 949.0% 273,317 259.761 1916.2% 4.22 € 2.02 € 92.2% 0.1% 0.0% 2008 8,671 1.475 20.5% 339,656 66.339 24.3% 4.35 € 0.13 € 3.1% 0.1% 0.1% 2009 53,934 45.263 522.0% 2,387,872 2.048.216 603.0% 4.92 € 0.57 € 13.0% 0.7% 0.5% 2010 39,612 -14.322 -26.6% 1,648,150 -739.722 -31.0% 4.62 € -0.30 € -6.0% 0.5% 0.3% 2011 62,465 22.853 57.7% 2,654,709 1.006.559 61.1% 4.72 € 0.10 € 2.1% 0.6% 0.5% 2012 23,191 -39.274 -62.9% 1,126,579 -1.528.130 -57.6% 5.40 € 0.68 € 14.3% 0.3% 0.2% TOTAL 19.480 524.9% 929.970 473.0% -0.49 € -8.3% Tx. Annual 20.1% 19.1% -0.9% Average Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat).

Volume em caixas de 12 garrafas, Valor em Euros e Preços em Euros/litro. Fonte: COMEXT (Eurostat).

United Kingdom: Bottled Wine Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Var. Var. % Var. Var. % Var. Var. % 2002 95,692,045 N,D, N.D. 2,595,017,302 N,D, N.D. 3.01 € N.D. N.D. 2003 103,071,788 7,379,743 7.7% 2,489,996,757 -105,020,545 -4.0% 2.68 € -0.33 € -10.9% 2004 109,632,777 6,560,989 6.4% 2,688,971,705 198,974,948 8.0% 2.73 € 0.04 € 1.5% 2005 105,363,792 -4,268,985 -3.9% 2,563,647,219 -125,324,486 -4.7% 2.70 € -0.02 € -0.8% 2006 97,452,344 -7,911,449 -7.5% 2,558,283,603 -5,363,616 -0.2% 2.92 € 0.21 € 7.9% 2007 98,993,441 1,541,098 1.6% 2,787,636,792 229,353,189 9.0% 3.13 € 0.21 € 7.3% 2008 96,554,524 -2,438,917 -2.5% 2,704,897,696 -82,739,096 -3.0% 3.11 € -0.02 € -0.5% 2009 97,386,269 831,745 0.9% 2,356,161,171 -348,736,525 -12.9% 2.69 € -0.42 € -13.6% 2010 96,518,465 -867,803 -0.9% 2,435,728,902 79,567,731 3.4% 2.80 € 0.12 € 4.3% 2011 94,527,054 -1,991,411 -2.1% 2,500,432,882 64,703,980 2.7% 2.94 € 0.14 € 4.8% 2012 87,456,460 -7,070,594 -7.5% 2,823,609,415 323,176,533 12.9% 3.59 € 0.65 € 22.1% TOTAL -8,235,585 -8.6% 228,592,113 8.8% 0.57 € 19.1% Tx. Annual -0.9% 0.8% 1.8% Average

United Kingdom: Portuguese Bottled Wine Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Share Litres Share Value Var. Var. % Var. Var. % Var. Var. % 2002 927,782 N,D, N.D. 13,350,093 N,D, N.D. 1.60 € N.D. N.D. 1.0% 0.5% 2003 612,669 -315,113 -34.0% 12,415,722 -934,371 -7.0% 2.25 € 0.65 € 40.8% 0.6% 0.5% 2004 675,736 63,067 10.3% 7,075,688 -5,340,034 -43.0% 1.16 € -1.09 € -48.3% 0.6% 0.3% 2005 840,039 164,303 24.3% 13,721,632 6,645,944 93.9% 1.81 € 0.65 € 56.0% 0.8% 0.5% 2006 627,829 -212,210 -25.3% 15,412,115 1,690,483 12.3% 2.73 € 0.91 € 50.3% 0.6% 0.6% 2007 797,563 169,734 27.0% 22,798,277 7,386,162 47.9% 3.18 € 0.45 € 16.4% 0.8% 0.8% 2008 927,409 129,846 16.3% 22,246,006 -552,271 -2.4% 2.67 € -0.51 € -16.1% 1.0% 0.8% 2009 869,128 -58,281 -6.3% 18,498,070 -3,747,936 -16.8% 2.36 € -0.30 € -11.3% 0.9% 0.8% 2010 705,474 -163,654 -18.8% 20,584,439 2,086,369 11.3% 3.24 € 0.88 € 37.1% 0.7% 0.8% 2011 769,360 63,887 9.1% 19,920,544 -663,895 -3.2% 2.88 € -0.37 € -11.3% 0.8% 0.8% 2012 815,012 45,652 5.9% 26,531,419 6,610,875 33.2% 3.62 € 0.74 € 25.7% 0.9% 0.9% TOTAL -112,770 -12.2% 13,181,326 98.7% 2.02 € 126.2% Tx. Annual -1.3% 7.1% 8.5% Average Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat).

Volume em caixas de 12 garrafas, Valor em Euros e Preços em Euros/litro. Fonte: COMEXT (Eurostat).

United Kingdom: Bulk Wine Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Var. Var. % Var. Var. % Var. % Var. % 2002 13,353,340 N,D, N.D. 163,695,206 N,D, N.D. 1.36 € N.D. N.D. 2003 15,338,599 1,985,260 14.9% 176,751,074 13,055,868 8.0% 1.28 € -0.08 € -6.0% 2004 16,844,327 1,505,727 9.8% 209,718,407 32,967,333 18.7% 1.38 € 0.10 € 8.0% 2005 16,888,077 43,750 0.3% 209,174,124 -544,283 -0.3% 1.38 € -0.01 € -0.5% 2006 18,377,502 1,489,425 8.8% 215,315,828 6,141,704 2.9% 1.30 € -0.07 € -5.4% 2007 22,049,597 3,672,095 20.0% 232,592,873 17,277,045 8.0% 1.17 € -0.13 € -10.0% 2008 23,038,270 988,673 4.5% 215,745,348 -16,847,525 -7.2% 1.04 € -0.13 € -11.2% 2009 26,722,673 3,684,403 16.0% 234,887,846 19,142,498 8.9% 0.98 € -0.06 € -6.1% 2010 37,818,540 11,095,866 41.5% 250,409,419 15,521,573 6.6% 0.74 € -0.24 € -24.7% 2011 42,752,670 4,934,131 13.0% 353,890,208 103,480,789 41.3% 0.92 € 0.18 € 25.0% 2012 45,279,952 2,527,281 5.9% 439,690,868 85,800,660 24.2% 1.08 € 0.16 € 17.3% TOTAL 31,926,612 239.1% 275,995,662 168.6% -0.28 € -20.8%

Tx. Annual 13.0% 10.4% -2.3% Average

United Kingdom: Portuguese Bulk Wine Imports Absolute Relative Absolute Relative Absolute Relative Volume Value Price Share Litres Share Value Var. Var. % Var. Var. % Var. Var. % 2002 1,564 N,D, N.D. 22,977 N,D, N.D. 1.63 € N.D. N.D. 0.0% 0.0% 2003 6,978 5,414 346.3% 143,453 120,476 524.3% 2.28 € 0.65 € 39.9% 0.0% 0.1% 2004 10,866 3,889 55.7% 252,946 109,493 76.3% 2.59 € 0.30 € 13.2% 0.1% 0.1% 2005 12,753 1,887 17.4% 235,390 -17,556 -6.9% 2.05 € -0.54 € -20.7% 0.1% 0.1% 2006 30,111 17,358 136.1% 469,513 234,123 99.5% 1.73 € -0.32 € -15.5% 0.2% 0.2% 2007 49,990 19,878 66.0% 919,316 449,803 95.8% 2.04 € 0.31 € 17.9% 0.2% 0.4% 2008 45,751 -4,239 -8.5% 1,015,958 96,642 10.5% 2.47 € 0.42 € 20.8% 0.2% 0.7% 2009 31,135 -14,616 -31.9% 542,028 -473,930 -46.6% 1.93 € -0.53 € -21.6% 0.1% 0.2% 2010 17,693 -13,442 -43.2% 220,294 -321,734 -59.4% 1.38 € -0.55 € -28.5% 0.0% 0.1% 2011 15,867 -1,827 -10.3% 210,147 -10,147 -4.6% 1.47 € 0.09 € 6.4% 0.0% 0.1% 2012 19,633 3,766 23.7% 305,122 94,975 45.2% 1.73 € 0.26 € 17.3% 0.0% 0.1% TOTAL 18,069 1155.6% 282,145 1227.9% 0.09 € 5.8% Tx. Annual 28.8% 29.5% 0.6% Average Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat).

Volume em caixas de 12 garrafas, Valor em Euros e Preços em Euros/litro. Fonte: COMEXT (Eurostat).

Volume (9 litre cases) Value (Euros) Absolute Relative Absolute Relative 2002 2012 2002 2012 Var. Var. % Var. Var. % ITALY 13,051,730 28,166,967 15,115,236 116% FRANCE 1.049.061.584 1.517.785.661 468.724.077 45% AUSTRALIA 20,082,471 25,683,508 5,601,037 28% ITALY 256.978.618 590.296.366 333.317.748 130% FRANCE 30,039,768 22,243,245 -7,796,524 -26% AUSTRALIA 649.216.853 359.880.100 -289.336.753 -45% SPAIN 10,404,408 14,255,119 3,850,712 37% SPAIN 253.278.531 312.222.895 58.944.364 23% USA 8,530,969 12,342,036 3,811,067 45% CHILE 177.802.839 232.250.671 54.447.832 31% CHILE 5,377,856 11,201,460 5,823,604 108% NEW ZEALAND 62.883.413 221.155.704 158.272.291 252% SOUTH AFRICA 9,119,788 9,444,454 324,666 4% USA 226.165.555 172.199.429 -53.966.126 -24% GERMANY 10,874,765 6,678,491 -4,196,274 -39% GERMANY 137.387.809 160.748.692 23.360.883 17% NEW ZELAND 1,158,206 5,998,634 4,840,427 418% SOUTH AFRICA 222.424.499 121.199.188 -101.225.311 -46% PORTUGAL 1,980,237 1,878,681 -101,556 -5% PORTUGAL 67.238.112 73.578.086 6.339.974 9% ARGENTINA 1,125,752 1,662,611 536,859 48% ARGENTINA 28.671.225 42.025.517 13.354.292 47%

35 1,8 1,5 28 28 26 1,4

21 1,1 Thousand millions Thousand 14 Million boxes (9 Litres) boxes(9 Million 12 14 11 0,7 0,6 9 0,4 7 6 0,3 7 0,4 0,2 0,2 0,2 0,2 1,9 0,1 1,7 0,1 0,0 0 0,0

2002 2012 2002 2012

United Kingdom: Port Wine Imports Absolute Relatie Absolute Relative Absolute Relative Volume Value Price Var. Var. % Var. Var. % Var. Var. % 2002 1,045,944 N,D, N.D. 53,292,000 N,D, N.D. 5.66 € N.D. N.D. 2003 1,192,078 146,133 14.0% 57,220,000 3,928,000 7.4% 5.33 € -0.33 -5.8% 2004 1,195,656 3,578 0.3% 55,270,000 -1,950,000 -3.4% 5.14 € -0.20 -3.7% 2005 1,183,756 -11,900 -1.0% 51,950,000 -3,320,000 -6.0% 4.88 € -0.26 -5.1% 2006 1,136,644 -47,111 -4.0% 49,680,000 -2,270,000 -4.4% 4.86 € -0.02 -0.4% 2007 1,150,433 13,789 1.2% 49,826,000 146,000 0.3% 4.81 € -0.04 -0.9% 2008 995,667 -154,767 -13.5% 39,387,000 -10,439,000 -21.0% 4.40 € -0.42 -8.7% 2009 1,004,878 9,211 0.9% 41,340,000 1,953,000 5.0% 4.57 € 0.18 4.0% 2010 978,900 -25,978 -2.6% 42,005,000 665,000 1.6% 4.77 € 0.20 4.3% 2011 981,022 2,122 0.2% 41,536,000 -469,000 -1.1% 4.70 € -0.06 -1.3% 2012 1,039,700 58,678 6.0% 45,870,000 4,334,000 10.4% 4.90 € 0.20 4.2% TOTAL -6,244 -0.6% -7,422,000 -13.9% -0.76 -13.4% Tx. Anual -0.1% -1.5% -1.4% Média Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat). United Kingdom: WoP with and without Port Wine Total Bottled UK Bottled Portuguese WOP without Port Port 2002 3.01 € 3.75 € 1.60 € 5.66 € 2003 2.68 € 4.29 € 2.25 € 5.33 € 2004 2.73 € 3.70 € 1.16 € 5.14 € 2005 2.70 € 3.61 € 1.81 € 4.88 € 2006 2.92 € 4.10 € 2.73 € 4.86 € 2007 3.13 € 4.14 € 3.18 € 4.81 € 2008 3.11 € 3.56 € 2.67 € 4.40 € 2009 2.69 € 3.55 € 2.36 € 4.57 € 2010 2.80 € 4.13 € 3.24 € 4.77 € 2011 2.94 € 3.90 € 2.88 € 4.70 € 2012 3.59 € 4.34 € 3.62 € 4.90 € WoP: Wines of Portugal. Source: COMEXT (Eurostat). United Kingdom: main Suppliers for all Segments 2002 2012 Absolut Var. Relative Var. % FRANCE 3.88 € 7.58 € 3.70 € 95% PORTUGAL 3.77 € 4.35 € 0.58 € 15% NEW ZEALAND 6.03 € 4.10 € -1.94 € -32% ARGENTINA 2.83 € 2.81 € -0.02 € -1% GERMANY 1.40 € 2.67 € 1.27 € 91% SPAIN 2.70 € 2.43 € -0.27 € -10% ITALY 2.19 € 2.33 € 0.14 € 6% CHILE 3.67 € 2.30 € -1.37 € -37% AUSTRALIA 3.59 € 1.56 € -2.04 € -57% USA 2.95 € 1.55 € -1.40 € -47% SOUTH AFRICA 2.71 € 1.43 € -1.28 € -47% Source: COMEXT (Eurostat). 27

Wine imports in the United Kingdom - Average price of bottled imports by British - Average price of Portuguese bottled 6,00 €

5,00 €

4,00 €

3,00 €

2,00 €

1,00 €

0,00 € 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 Bottled imported by UK Bottled imported from Portugal by UK Portuguese Bottled without Port Port

9,00 € Share > 5 million boxes

8,00 € FRANCE (2012)

7,00 € NEW ZEALAND (2002)

6,00 €

5,00 € PORTUGAL (2012) NEW ZEALAND (2012) SOUTH AFRICA PORTUGAL (2002) FRANCE (2002) (2002) SPAIN 4,00 € CHILE (2002) (2002)

CHILE (2012) AUSTRALIA (2002) Price of of WineImportedPrice 3,00 € Average Price

SPAIN (2012) ITALY (2012) 2,00 € ARGENTINA (2012) GERMANY (2012) ITALY (2002) 1,00 € ARGENTINA (2002) USA (2002) USA AUSTRALIA (2012) SOUTH AFRICA GERMANY (2012) (2012) (2002) 0,00 € 0,0 5,0 10,0 15,0 20,0 25,0 30,0 35,0 Volume in million boxes (9 Litres)

Disaggregation by Sparkling, Bottled, Bulk and Port; variations with Moving Annual Totals (MAT)

Volume MAT June 2012 MAT June 2013 ∆ Inter-annual (%) 2012

Sparkling 29,243 16,475 -43.7% 23,191 Bottled 968,546 828,340 -14.5% 815,012 Bulk 6,011 24,647 310.0% 19,633 Port 906,675 817,445 -9.8% 1,039,700 TOTAL 1,905,475 1,686,907 -11.5% 1,897,536

Value MAT June 2012 MAT June 2013 ∆ Inter-annual (%) 2012

Sparkling 1,348,028 762,339 -43.4% 1,126,579 Bottled 24,477,992 22,398,335 -8.5% 26,531,419 Bulk 100,683 215,836 114.4% 305,122 Port 44,158,388 41,176,792 -6.8% 45,870,000 TOTAL 70,035,091 64,553,302 -7.8% 73,833,120

Price MAT June 2012 MAT June 2013 ∆ Inter-annual (%) 2012

Sparkling 5.12 € 5.14 € 0.4% 5.40 € Bottled 2.81 € 3.00 € 7.0% 3.62 € Bulk 1.86 € 0.97 € -47.7% 1.73 € Port 5.41 € 5.60 € 3.4% 4.90 € TOTAL 4.08 € 4.25 € 4.1% 4.32 € Volume in 12 bottle cases, Value in Euros and Prices in Euros/litre. Source: COMEXT (Eurostat).