Overview
- FEVS reported export value fell to €14.3 billion in 2025, down 7.9% year on year, with volumes sliding 3.3%.
- Shipments to the United States dropped about 21%, yet the U.S. remained the largest market at roughly a 21% share.
- Spirits exports fell 17.4% and cognac plunged 23.8%, with Chinese anti-dumping measures cited as a key factor.
- U.S. tariffs on European alcoholic drinks rose from 10% in April to 15% in August 2025 under President Trump, compounding pressure from a strong euro, weaker spending and wholesaler stockpiles.
- France opened a €130 million ‘arrachage’ fund to pay growers to uproot unprofitable vines, as the sector faces overproduction and what industry leaders warn could be a difficult rebound.