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The Australian Wine and Brandy Corporation's September
exports data showed wine exports grew by 9 per cent
last month to A$3.02 billion (US 2.7 billion), on a
9 per cent rise in volume to 804 million litres.
Red bottled wine drove the growth. At 60 per cent of
all exports, it represented growth in Canada, Singapore
and China.
"It's interesting to me that our red wines are
back in business," said AWBC information and analysis
manager Lawrie Stanford. "It's volume but also
the price that's going up."
Mr Stanford said there had been a sharp decline in
the number of bulk wine buyers -- from China, the US,
Germany and New Zealand. Bulk wine made up about 27
per cent of all exports to 219 million litres, but only
8 per cent of value at $227 million as prices per litre
fell 6% to A $1.03.
The Corporation's wine export approval report for September
shows the volume of bulk shipments increased by 26 million
litres in the past year. The growth is significantly
less than in the same period last year when bulk exports
increased by 50 million litres.
Bulk wine shipments to England continued to rise, however,
as a competitive market and environmental demands deemed
bulk wine shipments better than bottled wines. Britain
also continued to be Australia's biggest wine export
market. At A$977 million it represented a third of its
total export.
The export price of bottled wine declined marginally
to A$3.75 a bottle.
Resource: www.news.com.au
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