Comment on Why my startup failedComments−tonyblundell13y> The market is valued around $5-6bn per year, with around $1.5-2bn based in the UK.Does the UK really make-up a third of the world wine market, or did I misunderstand?−jcampbell113yI think this is just the market for $300-$5000+ bottles of wine.−tonyblundell13yStill a decent effort :-)I wonder if it's something to do with UK companies importing/exporting between the US and Europa−jmaskellOP13yIt's fine wine (£100 per bottle and up). Of which about 80% is Bordeaux.I calculated those figures by looking at widely used market stats, and then the turnover of the UK's fine wine wholesalers.
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> The market is valued around $5-6bn per year, with around $1.5-2bn based in the UK.
Does the UK really make-up a third of the world wine market, or did I misunderstand?
I think this is just the market for $300-$5000+ bottles of wine.
Still a decent effort :-)
I wonder if it's something to do with UK companies importing/exporting between the US and Europa
It's fine wine (£100 per bottle and up). Of which about 80% is Bordeaux.
I calculated those figures by looking at widely used market stats, and then the turnover of the UK's fine wine wholesalers.