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8504.0 - Sales of Australian Wine and Brandy by Winemakers, May 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 05/07/2004   
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MAY KEY FIGURES

May 2004
Apr 2004 to May 2004
May 2003 to May 2004
'000 L
% change
% change

Trend estimates

Australian produced wine
Domestic wine sales
36,036
0.9
6.6
White table wine sales
18,024
0.7
6.5
Red and rosé table wine sales
12,558
0.8
5.0

Seasonally Adjusted

Australian produced wine
Domestic wine sales
36,512
5.4
10.6
White table wine sales
18,044
2.8
8.7
Red and rosé table wine sales
12,941
8.9
10.7

Australian produced wine, Domestic sales
Graph: Australian produced wine, Domestic sales

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



MAY KEY POINTS


TREND ESTIMATES

  • The trend estimate for domestic sales of Australian produced wine was 36.0 million litres in May 2004, an increase of 0.9% on April 2004 and 6.6% on May 2003.
  • The trend estimate for domestic sales of white table wine increased 0.7% on April 2004 and 6.5% on May 2003 while red and rosé table wine increased 0.8% on April 2004 and 5.0% on May 2003.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for domestic sales of Australian produced wine was 36.5 million litres in May 2004, an increase of 5.4% on April 2004.
  • The seasonally adjusted estimate for domestic sales of white table wine increased 2.8% on April 2004 while red and rosé table wine increased 8.9% on April 2004.


ORIGINAL ESTIMATES
  • In original terms, 33.9 million litres of Australian produced wine was sold domestically by winemakers in May 2004, an increase of 0.6% on April 2004 and 1.6% on May 2003.
  • Exports of Australian produced wine increased 11.3% over April 2004 to 54.4 million litres. Australia exported 575.2 million litres with a value of $2.5 billion in the twelve months ending May 2004, an increase of 12.6% in volume and 1.1% in value over the corresponding period to May 2003.


NOTES

CHANGES IN THIS ISSUE

This issue contains revisions to domestic sales data from August 2003 to February 2004, for Sherry in glass containers less than 2 litres and Fortified wine in all other containers.



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 increased 0.7% on April 2004 and 6.5% on May 2003. The trend estimate for total red and rosé wine increased 0.8% on April 2004 and 5.0% on May 2003.

TOTAL WHITE AND RED/ROSÉ TABLE WINE: Trend
Graph: Total white and red/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 1.0% on April 2004 and 4.8% on May 2003. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased 0.3% on April 2004, but increased 3.7% on May 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 increased 0.6% on April 2004 and 5.2% on May 2003. The trend estimate for red and rosé wine in soft packs increased 1.6% on April 2004 and 5.1% on May 2003.

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




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 two years there were rises of 18.7% and 23.7% respectively. In 2002-03 exports totalled 518.6 million litres, an increase of 24.0% on 2001-02.

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, 54.4 million litres of Australian produced wine were exported in May 2004, an increase of 11.3% on April 2004 and 18.5% on May 2003. In May 2004, 18.2 million litres of Australian produced white table wine were exported, an increase of 7.7% on April 2004 and 14.4% on May 2003. Australia exported 35.2 million litres of Australian produced red and rosé table wine in May 2004, an increase of 12.9% on April 2004 and 20.6% on May 2003.

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




UNIT VALUE OF WINE EXPORTS

In original terms, 54.4 million litres of wine valued at $222.5 million were exported in May 2004, an increase of 11.3% in quantity and 5.9% in value on April 2004. The average value of Australian wine exported in May 2004 was $4.09 per litre, down from $4.34 per litre in May 2003 and also down compared to $4.30 per litre in April 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 while this does not occur with the ABS method. For May the value reported by the ABS was $222.5 million while the AWBC value was $235.0 million. 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, 1.0 million litres of wine were imported, a decrease of 20.3% in quantity and 4.3% in value on April 2004. The average value of wine imports cleared for home consumption in May 2004 was $9.22 per litre, up from $9.01 per litre in May 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 March quarter 2004 shows that wine available for consumption in Australia increased 9.5% on the same quarter in 2003. Domestic sales of Australian wine increased 7.5% and wine imports increased 63.5%. Total disposals of Australian produced wine increased by 16.8% on the same quarter in 2003 with exports also increasing by 23.4%.

Domestic sales of Australian produced wine (A)
Wine imports cleared 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

2000-01
384,847
12,773
397,620
338,289
723,136
2001-02
386,232
14,479
400,711
418,390
804,622
2002-03
402,479
17,112
419,591
518,595
921,074
March qtr 2003
81,049
r2,989
r84,038
r113,964
r195,013
March qtr 2004
87,136
4,888
92,024
r140,607
r227,743

r revised

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