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If we vote for Brexit what happens

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Comments

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    but that's because Britons are poorer (weaker currency) and instead are switching to Italian Prosecco (+34%).

    Doubt that many can tell the difference. ;)

    Expensive sometimes simply means more profitable.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    And yet what the British press doesn't tell you is that indeed the British market tumbled, but that's because Britons are poorer (weaker currency) and instead are switching to Italian Prosecco (+34%).

    The 8.7% decline from the British market only translated in turnover for 2016 down by only 0.6% (I suppose that's why there's no panic). Other markets are growing United States: (+4.9%), Japan (+3%), and in Europe (Germany: (+3.4%), Netherlands: (+6.3%). Spain: (+1.3%) Italy (+6.4%) and Northern Europe (+3.5%)).

    So yeah, I guess you could say that Europeans (the French at least) are replacing that market.

    If it rains are you going to blame it on Brexit?

    http://www.ibtimes.co.uk/prosecco-everything-you-need-know-about-uks-favourite-sparkling-wine-1517541

    Look at the date.
  • always_sunny
    always_sunny Posts: 8,314 Forumite

    No, are you going to blame Europe if you need a brolly?
    The fact that Britons have switching to Prosecco it is known for a while, it is going up in double digits. It is also cheaper than champers.

    I was just replying that indeed, Brexit or not, when a market dries up it gets replaced sooner or later.
    EU expat working in London
  • Sapphire
    Sapphire Posts: 4,269 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Debt-free and Proud!
    No, are you going to blame Europe if you need a brolly?
    The fact that Britons have switching to Prosecco it is known for a while, it is going up in double digits. It is also cheaper than champers.

    I was just replying that indeed, Brexit or not, when a market dries up it gets replaced sooner or later.

    I agree with this. There are some very fine Proseccos around, and Champagne is extremely expensive by comparison. There are some (good by all accounts) English sparkling wines around, but although less expensive than Champagne, they are still pretty costly (I would buy them otherwise). Also, Champagne is only really great when it's from a good vintage – the more inferior, cheaper Champagne is not all that good, though still more expensive than Prosecco.
  • TrickyTree83
    TrickyTree83 Posts: 3,930 Forumite
    No, are you going to blame Europe if you need a brolly?
    The fact that Britons have switching to Prosecco it is known for a while, it is going up in double digits. It is also cheaper than champers.

    I was just replying that indeed, Brexit or not, when a market dries up it gets replaced sooner or later.

    Hold on, why would I? I'm not the one blaming seemingly any news on Brexit.
    And yet what the British press doesn't tell you is that indeed the British market tumbled, but that's because Britons are poorer (weaker currency) and instead are switching to Italian Prosecco (+34%).

    Looks like blaming it on Brexit to me since the weaker currency only started last year, but that article was from 2015 showing that we were already drinking more prosecco.
  • Conrad
    Conrad Posts: 33,137 Forumite
    10,000 Posts Combo Breaker
    I too prefer the English sparkling wines and Prosecco, but the point is the French are voicing concern that if trade is deliberately hampered by the EU, this is another negative for French producers.

    These conversations amongst producers accross Europe are what will in the end ensure the trading landscape remains in tact. Commercial realities will trump Brussells grandstanding and abstract political imperatives.
  • davomcdave
    davomcdave Posts: 607 Forumite
    setmefree2 wrote: »

    I thought one of the great things about Brexit was a reduction in imports and an increase in exports. Part of that process is swapping champagne for good old British beer.
  • davomcdave wrote: »
    I thought one of the great things about Brexit was a reduction in imports and an increase in exports. Part of that process is swapping champagne for good old British beer.
    Beer?
    You're way out of date - British wine production is increasing, thanks to climate change.
    In fact some think that British wine could become a major global player (there's some of your exports) by the turn of the next century - just think of it Dave; Scotland making it's own Buckie!

    http://www.decanter.com/wine-news/britain-wine-climate-change-2100-347809/
  • always_sunny
    always_sunny Posts: 8,314 Forumite
    Conrad wrote: »
    I too prefer the English sparkling wines and Prosecco, but the point is the French are voicing concern that if trade is deliberately hampered by the EU, this is another negative for French producers.

    These conversations amongst producers accross Europe are what will in the end ensure the trading landscape remains in tact. Commercial realities will trump Brussells grandstanding and abstract political imperatives.

    The French are not voicing anything, they're stating the facts that the UK as a market declined 8.7%, though other markets are up, so really it's 0.6% down.

    In 2015 15% of French wine (champers is included here) went to the UK. 15%, not 99%.
    The UK is not the only buyer of French wines, there are other countries in the world consuming wine.
    The UK is not the biggest market for French wine (USA is #1, Belgium and Germany together buy as much as the UK).

    I understand you believe that without the UK as a market, France is about to pop, but it is a myth. Yes the UK is a substantial market, though the UK is not the only market.

    At most it tells that the UK drinks a lot, so the question is, if they are not buying French bubbly, what are they drinking instead? Prosecco? British sparkly? Something must be a replacement and if it is not British, then the UK is still sourcing from abroad.
    EU expat working in London
  • davomcdave
    davomcdave Posts: 607 Forumite
    Beer?
    You're way out of date - British wine production is increasing, thanks to climate change.
    In fact some think that British wine could become a major global player (there's some of your exports) by the turn of the next century - just think of it Dave; Scotland making it's own Buckie!

    I've had some very nice English wines. Mrs McDave gave a talk once at an English vineyard and it was great (the wine I mean, God and the appreciative audience knows what the talk was like).

    I think the point is that the falling pound means we consume more home-produced goods and less foreign produced goods.

    http://www.coppolacomment.com/2017/03/of-cars-and-tariffs-and-brexit-fantasies.html

    Ignoring all the crap about Brexiteers and Remoaners and all that rubbish he makes a good point that the UK exports about 57% of car production. Some of that car production will displace German car sales in the UK in a low pound/tariff/both environment, some will go abroad.
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