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Friday 21 July 2017

World continues its love affair with Australian wine

Drinkers around the world continue to seek out premium Australian wine, the new The Wine Australia Export Report June 2017 reveals.

The report shows Australian wine export value increased by $201 million (10%) in 2016–17 to $2.31 billion, underpinned by strong export growth to China and the United States.

Australia is the world’s fifth-biggest exporter of wine – behind France, Italy, Spain and Chile. In 2016–17, Australia outperformed each of the four larger exporters in its rate of export growth.

Wine Australia Chief Executive Officer Andreas Clark said: "Pleasingly, nearly all price points experienced growth and there were benefits for exporters in all segments of the market.
"The strongest growth was in more premium wines, with all price segments of $10 per litre and above experiencing growth, and the strongest rate of growth for wines $30–49.99 per litre.

"There were a record 1997 exporters last financial year and 69% contributed to the total increase in value shown.

"An interesting development from last year was the growth in the carbonated wine category, which includes varieties (is Moscato a variety or a style?) such as Moscato. Exports more than doubled to $30 million. The United States was the destination for 35% of the carbonated wine exports, with mainland China (15%) and Japan (14%) the other major destinations," he said.

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