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8504.0 - Sales of Australian Wine and Brandy by Winemakers, Aug 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 06/10/2004   
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AUGUST KEY FIGURES

August 2004
Jul 2004 to Aug 2004
Aug 2003 to Aug 2004
'000 L
% change
% change

Trend estimates

Australian produced wine
Domestic wine sales
35,537
0.4
4.1
White table wine sales
17,566
-0.1
3.3
Red and rosé table wine sales
12,684
1.3
5.3

Seasonally Adjusted

Australian produced wine
Domestic wine sales
37,352
9.2
14.4
White table wine sales
18,248
7.7
12.3
Red and rosé table wine sales
13,647
13.1
21.1

Australian produced wine, Domestic sales
Graph: Australian produced wine, Domestic sales, Seasonally adjusted and Trend

Australian produced wine, Exports - Original
Graph: Australian produced wine, Exports, Original



AUGUST KEY POINTS


TREND ESTIMATES

  • The trend estimate for domestic sales of Australian produced wine was 35.5 million litres in August 2004, an increase of 0.4% on July 2004, and 4.1% on August 2003.
  • The trend estimate for domestic sales of white table wine decreased 0.1% on July 2004, but increased 3.3% on August 2003. Red and rosé table wine increased 1.3% on July 2004, and 5.3% on August 2003.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for domestic sales of Australian produced wine was 37.4 million litres in August 2004, the highest level ever recorded. This was an increase of 9.2% on July 2004.
  • The seasonally adjusted estimate for domestic sales of white table wine increased 7.7% on July 2004 while red and rosé table wine increased 13.1% on July 2004.


ORIGINAL ESTIMATES
  • In original terms, 37.1 million litres of Australian produced wine was sold domestically by winemakers in August 2004, an increase of 1.1% on July 2004, and 10.5% on August 2003.
  • Exports of Australian produced wine were 60.2 million litres in August 2004, the highest level on record. This was an increase of 18.3% on July 2004. Australia exported 595.9 million litres with a value of $2.5 billion in the twelve months ending August 2004, an increase of 10.5% in volume and 1.8% in value over the corresponding period to August 2003.


NOTES

CHANGES IN THIS ISSUE

There are no changes in this issue.



DATA NOTES

There are no data notes in this issue.



ROUNDING

Where figures have been rounded, discrepancies may occur between sums of the component items and totals.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Graeme Thomas on Adelaide (08) 8237 7536.



SUMMARY COMMENTARY

DOMESTIC AUSTRALIAN TABLE WINE SALES TREND


TOTAL WHITE AND RED/ROSÉ TABLE WINE

The trend estimate for total sales of white table wine decreased 0.1% on July 2004, but increased 3.3% on August 2003. The trend estimate for total red and rosé wine increased 1.3% on July 2004, and 5.2% on August 2003.

TOTAL WHITE AND RED/ROSÉ TABLE WINE: Trend
Graph: Total White and Red or Rosé Table Wine, Trend




TABLE WINE, GLASS CONTAINER LESS THAN 2 LITRES

The trend estimate for sales of white table wine in glass containers of less than 2 litres increased 0.4% on July 2004, and 7.6% on August 2003. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased 0.9% on July 2004, and 6.3% on August 2003.

TABLE WINE, Glass container less than 2 litres: Trend
Graph: Table wine, Glass container less than 2 litres, Trend




TABLE WINE, SOFT PACK CONTAINERS

The trend estimate for domestic sales of white table wine in soft packs decreased 0.3% on July 2004, and 0.5% on August 2003. The trend estimate for red and rosé wine in soft packs increased 0.2% on July 2004, but decreased 1.8% on August 2003.

TABLE WINE, Soft pack containers: Trend
Graph: Table wine, Soft pack containers, Trend




EXPORTS OF AUSTRALIAN PRODUCED WINE


ANNUAL EXPORTS OF AUSTRALIAN PRODUCED WINE

The graph below shows that there has been steady growth in original terms in the quantity of exports of Australian produced wine over the last sixteen years. In 1987-88, 39.1 million litres of wine were exported. Exports gradually grew over the next five years to reach over 100 million litres in 1992-93. By 1998-99 exports had reached 200.9 million litres. Since then there has been rapid growth with 284.9 million litres of wine exported in 1999-2000, a 41.8% rise on 1998-99. Over the following three years there were rises of 18.7%, 23.7% and 24.0% respectively. In 2003-04 exports totalled 584.1 million litres, an increase of 12.6% on 2002-03.

Exports of Australian produced wine, Annual totals: Original
Graph: Exports of Australian produced wine, Annual Totals, Original




EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE

In original terms, 60.2 million litres of Australian produced wine were exported in August 2004, an increase of 18.3% on July 2004, and 11.3% on August 2003. In August 2004, 22.3 million litres of Australian produced white table wine were exported, an increase of 13.9% on July 2004, but a decrease of 2.8% on August 2003. Australia exported 36.6 million litres of Australian produced red and rosé table wine in August 2004, a increase of 19.8% on July 2004 and 23.4% on August 2003.

EXPORTS OF TABLE WINE BY TYPE: Original
Graph: Exports of Table wine by Type, Original




UNIT VALUE OF WINE EXPORTS

In original terms, 60.2 million litres of wine valued at $244.5m were exported in August 2004, an increase of 18.3% in quantity and 14.2% in value on July 2004. The average value of Australian wine exported in August 2004 was $4.06 per litre, down from $4.18 per litre in August 2003 and also down when compared to $4.20 per litre in July 2004.

UNIT VALUE OF WINE EXPORTS: Original
Graph: Unit Value of Wine Exports, Original




DIFFERENCES BETWEEN ABS AND AWBC WINE EXPORT FIGURES

The value of wine exports reported in this publication is derived by the ABS from customs export records and the ABS converts the value on the day of shipment, at the daily conversion rate (see paragraph 9 of the Explanatory Notes for more detail). The Australian Wine and Brandy Corporation (AWBC) also report the value of exports and the exporter makes the conversion when submitting wine for export approval. With the AWBC method, it is expected that some of the conversions will occur at hedged rates. This does not occur with the ABS method. For August, the value reported by the ABS was $244.5m, while the AWBC value was $250.5m. When the Australian exchange rate is moving significantly the alternative methods will result in diverging valuations.


IMPORTS AND DISPOSALS OF AUSTRALIAN PRODUCED WINE


WINE IMPORTS CLEARED FOR HOME CONSUMPTION

In original terms, 1.7 million litres of wine were imported, an increase of 17.8% in quantity and 36.6% in value on July 2004. The average value of wine imports cleared for home consumption in August 2004 was $9.40 per litre, up from $7.66 per litre in August 2003.

WINE IMPORTS CLEARED: Original
Graph: Wine Imports Cleared, Original




DISPOSALS OF AUSTRALIAN PRODUCED WINE AND WINE AVAILABLE FOR CONSUMPTION IN AUSTRALIA

The original data for the June quarter 2004 shows that wine available for consumption in Australia increased 2.6% on the same quarter in 2003. Domestic sales of Australian wine increased 1.8% and wine imports increased 34.6%. Total disposals of Australian produced wine increased by 9.3% on the same quarter in 2003 with exports also increasing by 14.6%.

Domestic sales of Australian produced wine (A)
Wine imports cleared for home consumption (B)
Wine available for consumption (A + B)
Exports of Australian produced wine (C)
Total disposals of Australian produced wine (A + C)
Period
'000 L
'000 L
'000 L
'000 L
'000 L

2001-02
386,232
14,479
400,711
418,390
804,622
2002-03
402,479
17,112
419,591
518,595
921,074
2003-04
417,378
18,737
436,115
r584,106
r1,001,484
June Quarter 2003
99,615
2,516
102,131
142,195
241,810
June Quarter 2004
101,394
3,386
104,780
r162,989
r264,383

r revised

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