Intermediaries play an important role in facilitating international trade. There are two broad reasons for why intermediaries arise in an economy: facilitating matching of buyers and sellers and mitigating adverse selection by acting as guarantors of quality. There are 8 main advantages of making indirect export: Company productivity Based on their productivity, companies endogenously select their
The emerging wine market in the Czech Republic – Young urban professionals and economic recovery drive growth in it.
Although the Czech Republic has the highest beer consumption per capita in the world – 150 liters per year, the popularity of the wine is increasing. Between 2008 and 2012, wine consumption increased by 12.4% per year, and the Czechs currently consume 20 liters of wine per capita. Young urban specialists and economic recovery stimulate
Europeans are consuming more and more butter at a time when prices are skyrocketing, stockpiles are running low and dairy giants are warning of an imminent shortage. Producers from some industries had not yet passed the increase in butter prices on to their consumers. However, they admit that they would be forced to consider doing
Retail sales of organic products and beverages in 2015 have exceeded $ 81 billion, almost four times more than 2000 ($ 18 billion). 90% of sales are in North America and Europe. The demand is growing steadily in Asia, Latin America and Africa, but so far, production is export-oriented in these regions. For the production
The interest in our wines on the Dutch market is intensifying. We have received a new order from our long-term partner Wijnkopers Alex Storms (sinds 1895). Red Cuvee from wine cellar Four Friends; Mavrud Ornament from Chateau Assena and Melnik Explosion from Sintica wine cellar are again in the focus of the established wine specialists