Glass bottle shortage drives up price of wine

Glass bottle shortage in Europe will drive up the cost of wine.
The high cost of gas and general shortage caused by an overhang from Covid has meant some glass bottles have doubled in price or are no longer available.

According to Edward Vellacott, who represents the wine brand Bijou said “Verallia and O-I Glass are the two glass manufacturers in France, and O-I is stopping the production of the standard Burgundy-shaped bottle with a screwcap in the feuille morte [dead leaf] colour.”
He claimed that a flute-shaped bottle that had cost €0.35 in 2021 now costs more than €0.70 – which means that the price has more than doubled in less than two years.

Vellacott said “that shortages of glass started to become apparent in France during Covid-related restrictions, when furnaces stopped running at full capacity. Today, the production of glass is also reduced, but for a different reason: the cost of fuel to fire the furnaces.”
Last week ANCEVE, the National Association of Traders and Exporters of Wines and Spirits claimed “From north to south of the country, wine producers are being confronted with glass costs that are on average more than 55% above pre-war values

O-I Glass facility in France has seen the price of gas rise from €17 million to €75 million leading to a slow down in production.