Rabobank Quarterly Q1 2021 Report

Rabobank Wine Quarterly Q1 2021

Covid's Long-Term Impact on the Wine Industry

Covid's Lasting Impact on the Industry Structure:

The global pandemic made 2020 a challenging year for the wine industry. While the on-premise is expected to start to recover later this year, we believe there will be structural changes facing the industry that will create additional advantages for larger wineries and ...

Global Wine M&A Outlook:

2020 was a relatively quiet year for M&A, as the pandemic put many in a more cautious mood, and even some of those looking to close deals encountered hurdles from travel restrictions and social distancing measures. We believe 2021 will see a much higher level of M&A activity, with some of the usual players doing deals, but also expect some new faces ...

Sustainability Updates:

Given the rising importance of sustainability, we've created a new section in the Wine Quarterly aimed at sharing sustainability news and initiatives that we believe add value to the industry. The first story we highlight is the progress the IWCA is making in launching a do-it-yourself (DIY) emissions inventory tool aimed at lowering the cost of doing emission assessments while maintaining rigorous standards. We also highlight the Hallbar awards recently awarded to Concha y Toro, Trivento and ...

Currency Outlook:

Among currencies relevant to the wine industry, US dollar weakness remained the driving theme in the FX markets in the final quarter of the last year, and has been the ...