Spain: Old age suits Sherry
(Feb 09, 2005)
Sales of Sherry are on the decrease worldwide, aside from a niche hardly explored up until recently: that of “age guaranteed”(“vejez calificada”). According to the appellation’s trade board, global Sherry sales fell by 2.6% in 2004. On the other hand, sales of wines certified VOS (“Very Old Sherry”, that is to say at least 20 years old) or VORS (“Very Old Rare Sherry”, at least 30 years old), have jumped by over 50%. For the moment, the volumes sold remain low (167,000 bottles). However these wines sport high price tags. The two categories were created in 2000, in response to the “fake Sherry”, produced elsewhere, notably in the United States. The most popular category of Sherry sold worldwide is that of Fino, (25% of total sales), representing over 21 million bottles.