Published on : Monday, February 6, 2017
In fact, nearly all the crucial economic drivers examined in a study of Virginia wineries indicate quite a substantial double-digit growth.
This has been stated by a report published by the Economic Impact Study of Wine and Wine Grapes on the Commonwealth of Virginia that had been conducted last month by Frank Rimmerman and Co. The Virginia Wine Board had commissioned it.
This is actually the first ever study that been conducted on the wine industry of Virginia since the year 2012.
The sales of this region has reached a record high in the fiscal year 2016 as there had been 5,56,700 cases or over 6.6 million bottles. The volume marks an increase of over 6% over the last fiscal year.
Between 2010 and 2015, the number of wineries rose by 35%, right from 193 to 261.
Also, the number of jobs at wineries and vineyards witnessed a rise of about 73%, from 4,753 to 8,218. The wages from jobs at vineyards and wineries increased by 87% during the same time period as well, from $156 million to $291 million.
The winery industry of Virginia also made a significant contribution to the regional tourism industry.
This is due to the fact that the number of people visiting wineries increased by 39%, from 1.6 million in 2010 to 2.25 million tourists in 2015. On the other hand, the wine-related tourism expenses increased to a great extent from $131 million to $188 million that marks a 43% increase.
The study says that the growth of tourism in this part of the world can be attributed to these factors. Also, the improving quality of the wines and the large number of wineries are responsible for the improvement in the performance of the regional tourism sector.
Terry MaAuliffe, the Governor of Virginia said that since the beginning of his administration, one of their top agricultural goals was to make this area a prominent East Coast destination for winery and wine tourism.
The study concludes that the tourism growth is a product of the growth of small wineries, and it is greatly beneficial to the local communities.
Basil I. Gooden, the Secretary of Agriculture and Forestry said that the wine industry of Virginia is still one of the fastest growing segments of the agricultural industry of Virginia.