1329.0 - Wine exports up but record wine production sees stocks rise: ABS, 2005
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 25/01/2006
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Wine exports up but record wine production sees stocks rise: ABS New records were created for wine exports in 2004-05, but with wine production also hitting a new record winemakers were holding record levels of stocks, says the Australian Bureau of Statistics. Despite the red grape harvest dropping 5%, increased yields saw white grape production up 7%, ensuring the total grape harvest of 2.027 million tonnes nudged past the previous year's record. Wine Production Red/rose wine production correspondingly fell 6% to 760 million litres, but still made up over half (54%) of total wine produced. White wine production rose 12% to 639 million litres. Export market Australian wine exports surged ahead of domestic sales, up 15% to 670 million litres. The value of these exports increased to $2.7 billion, a rise of 9%. However, the average price per litre dropped 5% from $4.27 in 2003-04 to $4.05 in 2004-05. The United Kingdom was again the biggest importer taking 260 million litres, which was valued at $960 million (m) followed by the United States of America (190 million litres, valued at $870m) and Canada (45 million litres, valued at $240m). There has been a 40% growth in the exports of Australian wine to Asia. However, the UK and USA still account for two-thirds of our wine exports. Domestic market Domestic sales of Australian wine have maintained a steady growth, rising by just over 3% to 430 million litres. However, winemakers are now holding in excess of 2 billion litres in table wine inventories, a 50% increase on the stocks held in 2001. There were 8,347 vineyards in Australia with a combined area of 166,665 hectares. Almost 30% of all winemaking locations were in South Australia and these accounted for almost half (47%) of the national wine grape crush. More details, including irrigation data, are in Australian Wine and Grape Industry, 2005 (cat. no. 1329.0), available free of charge from this web site. Document Selection These documents will be presented in a new window.
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