Wednesday, October 14, 2026
World wine output 2024225.6 mhl-5.0%%World output 24225.6-5.0%%World consumption 2024214.1 mhl-3.3%%US DtC value 2024$3.94B-5.0%%CA shipments 2024203.5M+0.1%%
US Edition Oct 14, 2026
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Cognac's Collapse: Shipments Down 39% as Tariffs Bite in China and the US

Cognac shipments have fallen 39 percent since 2023 to 140 million bottles as US and Chinese tariffs hammer the category's two biggest markets.

Vineyards in the Borderies cru of Cognac. BNIC figures show sales down from 230 million bottles in 2023 to 140 million as tariffs hit the US and China.
Vineyards in the Borderies cru of Cognac. BNIC figures show sales down from 230 million bottles in 2023 to 140 million as tariffs hit the US and China.