8504.0 - Sales of Australian Wine and Brandy by Winemakers, Apr 2007  
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 06/06/2007   
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EXPORTS OF AUSTRALIAN PRODUCED WINE


ANNUAL EXPORTS OF AUSTRALIAN PRODUCED WINE

The graph below shows that there has been steady growth in the quantity of exports of Australian produced wine over the last fifteen years. In 1990-91, 54.2 million litres of wine were exported. Exports grew rapidly to over 100 million litres in 1992-93 and between 1998-99 and 1999-2000 grew 41.8% to reach 284.9 million litres. Over the next three years there were rises of 18.7%, 23.7% and 24.0% respectively. Wine exports increased 12.7% in 2003-04 to 584.3 million litres and then rose 14.6% in 2004-05 to 669.7 million litres. Wine exports continued to rise in 2005-06, reaching 722.0 million litres, a 7.8% increase on 2004-05.

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, 64.6 million litres of Australian produced wine were exported in April 2007, a decrease of 8.8% on March 2007, but an increase of 2.4% on April 2006. In April 2007, 23.0 million litres of Australian produced white table wine were exported, a decrease of 9.9% on March 2007, but an increase of 18.8% on April 2006. Australian producers exported 40.8 million litres of red and rosé table wine in April 2007, a fall of 6.2% on March 2007 and 4.0% on April 2006.

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




UNIT VALUE OF WINE EXPORTS

In original terms, 64.6 million litres of wine valued at $231.5m were exported in April 2007, a decrease of 8.8% in quantity and 11.8% in value on March 2007. The average value of Australian wine exported in April 2007 was $3.58 per litre, down from $3.71 per litre in March 2007, but up from $3.50 per litre in April 2006.

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 Australian Bureau of Statistics (ABS) from customs export records and the ABS converts the value on the day of shipment, at the daily conversion rate (see paragraph 10 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 April, the value reported by the ABS was $231.5m, while the AWBC value was $235.9m. When the Australian exchange rate is moving significantly the alternative methods will result in diverging valuations.