At GCL, we are able to offer a wide range of liquid products and re – pack these to our customer requirements. These products are widely used in the Industrial and Foodservice sectors of food manufacturing including ready meals, soups and sauces, marinade, pizzas, bread, salad dressings and salad.
GCL Food Ingredients are one of the largest suppliers of bulk wines into the Food Manufacturing Industry.
Both our red and white wine are purchased from Italy, Spain, France and Cyprus. Here at GCL Food Ingredients we also work with significant volumes of named wine along with fortified wine, such as Merlot, Pinot Grigio, Prosecco, Rioja and Sauvignon Blanc. So what has been happening within the market over the last year ?
- In 2018, the French wine market was very active with two successive shorter crops in 2016 and 2017.
- The bulk wine market has been experiencing normal activity levels with wholesalers starting to cover their needs until springtime.
- High-quality French wine such as AOP or IGP could be sold out by the end of the winter season.
- The 2018 French Harvest was somewhat more stable than previous two years. However, the demand for ingredient across both EU and Non – EU countries remains somewhat high, presenting producers with the opportunity to pursue price increase.
- In the early months of Summer, bulk wine prices began to show signs of decreasing.
- Prosecco and Pinot Grigio sales to the UK looked to have declined however Non-European interest in Italian wine continued, growing demand for Prosecco and Pinot Grigio in the US whilst the Chinese market takes an interest for Italian red wines.
- Italian wines containing higher alcoholic levels were in strong demand and trading out a 20% premium. In the last quarter of 2018, wine sale volumes in Italy were running below average.
- Italy faced their most intense heatwave in a hundred years between July and August which boosted quality and aided the recovery of the sugar levels in the late season. However suffered heavy rainfall just prior to the harvest period, which not only delayed the harvest starting but also damaged some crops resulting in affected yield results and previously indicated market savings.
- Central and Northern Italy produced an improved harvest with very good natural sugar and acidity levels on the whites and quality of reds surpassing expectations, although the volume of reds was not quite as recovered.
- Prosecco and Pinot Grigio quotas were easily met and Prosecco is still a high demand product with expectations of stable pricing throughout 2019.
- Italy faces stiff competition on price, especially from Spain, but it can offer good value for money on a wide range of products.
- In the first quarter of 2018, the Spanish Market was very active with shipping proceeding at full pace.
- High prices in competitive countries meant Spanish suppliers had room to increase their generic prices significantly.
- Despite heatwave, hailstorms and fungus pressures, production was up by 25% – 30% increase from 2017. This caused significant volume but in a wide spectrum of qualities meaning price, negotiations were open.
- Pricing on Spain’s generic reds, white and roses started to fall from September onward to compete with Italy.
- Spanish wine is now back to being one of the cheapest in the world.
- Cognac is tightly regulated by the Appellation d’Origine Contrôlée (AOC), which determines the spirit’s region of production, grape varieties, distillation, maturation and blending processes.
- Brandy producers outside of the region have greater freedom with experimentation in base ingredients, additional flavours and cash finishes.
- By implementing regulations for French Brandy as one category, reputation and quality assurance would improve. However, a lack of regulation can mean lots of exciting NPD. If a heightened NPD focus started to erupt then brandy could take over the “Ginnaisence” period.
- Demand and investment are low but as consumers start to step away from history, NPD is on the rise. ( The Spirit Business, 2019)
- The US has fuelled many trade wars since Trump revealed plans to impose a 25% import duty on steel and a 10% import tax on aluminium. The EU responded with a €2.8 billion worth of US products including American Whiskey.
- Brands such as Jack Daniels, Woodford Reserve and Old Forester – would go up by around 10% in EU markets.
- Tariff wars are also being fought with China and US where China has now included a 25% tariff on American Whisky. ( The Spirit Business, 2019)
At GCL, we offer a large choice of cheese products further processed to customer requirements for both our Industrial and Foodservice customers.
Our state-of-the-art cheese plant allows us to further process a variety of Cheese in different formats. We can supply cheese in Grated, Diced, Shaved, Ribbon, and Crumb format. A Variety of pack sizes are available. Please ask for details.
This month, we take a look at our Italian Classics; Parmigiano Reggiano, Pecorino and Grana Padano.
- This is the most well-known cheese throughout the world! 3.6 million wheels are produced every year using 18% of all the milk produced in Italy.
- In the last ten weeks, the average price per kilo has increased roughly 0.72% per week.
- In the last twelve months, Parmigiana Reggiano cheese production has reached 133, 000 tons with 1,714,700 tons of milk being used.
- Emilia Romagna’s milk deliveries have increased by 0.87% compared to 2017. The quantity of milk used in PDO Cheeses produced in Emilia Romagna is greater than the total deliveries of milk in the region because some dairies in Mantua (Lombardy region) deliver a consistent amount of milk to cheese factories in Emilia (Cial, 2019).
- This makes an important contribution to Italy’s reputation for excellence in the art of cheese making. This is a cooked hard cheese made from the fresh whole milk of sheep that are exclusively reared on farms within the production areas.
- Pecorino traditionally comes from Sardinia which produces 67% of the Italian Sheep’s milk.
- Over 1. 625 tons of Pecorino Sardo was made last year with 10.05 tons of sheep milk used. ( Cial, 2019).
- In the last month, Pecorino Romano DOP has remained constant with price and is significantly cheaper by 29.7% from the first quarter.
- Vegetarian Pecorino has seen a significant increase in demand over the latter half of 2018. This provides producers with an opportunity to increase costs for the vegetarian alternative.
- A cheese that is made from skimmed milk form the Po River area in Northern Italy.
- Prices have started to increase from September in the last ten weeks with an average increase of 1.39% per week.
- In the last twelve months Grana Padano production has reached 21,530 tons with 300,005 tons of milk being used.
- Emilia Romagna’s milk deliveries have increased by 0.87% compared to 2017. The quantity of milk used in PDO Cheeses produced in Emilia-Romagna is greater than the total deliveries of milk in the region because some dairies in Mantua (Lombardy region) deliver a consistent amount of milk to cheese factories in Emilia (Cial, 2019).
Our meat plant offers a flexible and effective approach to meat processing whilst meeting all stringent technical standards. These include continental meats, meatballs and sausages.
- The UK has adopted a voluntary new price reporting series called Standard pig Price (SPP*) and All Pig Price (APP**). This survey is provided by pig abattoirs who provide their kill data including weight, probe, sex and price of their weekly kill.
- SPP has continued to decline in the last month, falling by -0.71p to stand at 138.78p/per kg. The measure currently sits nearly 9.5p below the equivalent years in 2018. Typically pig markets tend to slow down following festive period, with industry reports showing poor demand. ( Pig World, 2019)
- *SPP – only standard pigs are included which means that no explicit premium, is paid for a specific attribute other than weight and grade. ** APP – all pigs in the UK are out under the same specification.
- The overall cow price rose by 4.3p over the week to end at 211.8p/kg. This is around 29p lower than year-earlier prices and 7.7p below the five year average for the week.
- The cost of feed and CO2 crisis has pushed wholesales chicken to a record high price.
- The average deadweight UK chicken prices stood at £152.25/100kg on 1st October, up 17.6% in the same time last year.
- A global production shortage of feed with price increases has cut into the margins of poultry meat producers and processors.
- In June, we faced a shortage of CO2 which crippled the sector and deep concerns of almost 60% of poultry plants “ within days” of halting production.
If there are any questions regarding the information above; please contact email@example.com