8504.0 - Sales of Australian Wine and Brandy by Winemakers, Aug 2006
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 04/10/2006
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SEASONALLY ADJUSTED ESTIMATES
ORIGINAL ESTIMATES
NOTES FORTHCOMING ISSUES
CHANGES IN THIS ISSUE There are no changes in this issue.
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 0.7% on July 2006, the sixth consecutive month of increase. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased 2.7% in August 2006. 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 0.3% on July 2006. The trend estimate for red and rosé wine sales in soft packs has fallen for the past seven months, with a decrease of 0.8% in August 2006. 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 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 EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE In original terms, 71.5 million litres of Australian produced wine were exported in August 2006, an increase of 15.3% on July 2006, and 17.1% on August 2005. In August 2006, 24.8 million litres of Australian produced white table wine were exported, an increase of 7.2% on July 2006, and 4.3% on August 2005. Australia exported 44.4 million litres of Australian produced red and rosé table wine in August 2006, an increase of 19.0% on July 2006 and 23.2% on August 2005. EXPORTS OF TABLE WINE BY TYPE: Original UNIT VALUE OF WINE EXPORTS In original terms, 71.5 million litres of wine valued at $257.1m were exported in August 2006, an increase of 15.3% in quantity and 15.5% in value on July 2006. The average value of Australian wine exported in August 2006 was $3.60 per litre, down from $3.92 per litre in August 2005, but up from $3.59 per litre in July 2006. 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 August, the value reported by the ABS was $257.1m, while the AWBC value was $246.1m. When the Australian exchange rate is moving significantly the alternative methods will result in diverging valuations.
WINE IMPORTS CLEARED: Original DISPOSALS OF AUSTRALIAN PRODUCED WINE AND WINE AVAILABLE FOR CONSUMPTION IN AUSTRALIA The original data for the June quarter 2006 shows that wine available for consumption in Australia decreased 1.4% on the same quarter in 2005. Domestic sales of Australian wine decreased 2.4%, but wine imports increased 24.2%. Total disposals of Australian produced wine increased by 5.2% on the same quarter in 2005 with exports increasing by 9.7%.
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