The Brazilian Wine Institute and the Brazilian Association
of Supermarkets want to double the total consumption of fine wine in the next
four years to forty million litres.
The Brazilian government has ignored calls to put quotas on
imported wine and allowed a more worldwide wine market to thrive in the
country.
The BRIC – Brazil, Russia, India, and China - nations are
seeing high growth stats as the rest of the world battles with recession.
China’s growth may have dropped off a little recently but latest quarterly
growth figures are still over seven per cent. Brazil is predicted to see over
four per cent growth in 2013. An emerging middle class is bound to attract an
influx of luxury imports, with fine wine being top of that list.
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