Dear Client: It's tougher than usual to gauge how the wine industry fared in recent years due to disruptions across the supply chain. Indeed, BW166 shows that wine shipments in the US were up 4.6% in 2021, while SipSource data shows a 6.2% decrease in wine depletions. The latest Rabobank Wine Quarterly report notes that the actual growth of the wine industry in 2021 was probably flat, and that both BW166 and SipSource estimates "will likely converge in 2022
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