8504.0 - Sales of Australian Wine and Brandy by Winemakers, Jul 2006
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 08/09/2006
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SEASONALLY ADJUSTED ESTIMATES
ORIGINAL ESTIMATES
NOTES FORTHCOMING ISSUES
CHANGES IN THIS ISSUE There has been a change in the selection of countries presented in Table 6 and Table 8. These tables show wine exports and wine imports data for selected countries. The selection of countries in the tables is based upon the total amount of wine exports or imports from the previous financial year and is subject to annual change. Only those countries with the highest levels of wine exports or imports in the 2005-06 financial year are presented in detail.
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 1.1% on June 2006, the fifth consecutive month of increase. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased 2.9% in July 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 decreased 0.7% on June 2006, the fourth consecutive month of decrease. The trend estimate for red and rosé wine sales in soft packs has fallen for the past six months, with a decrease of 1.5% in July 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 722.5 million litres, a 7.9% increase on 2004-05. Exports of Australian produced wine, Annual totals: Original EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE In original terms, 62.0 million litres of Australian produced wine were exported in July 2006, a decrease of 9.9% on June 2006, but an increase of 1.6% on July 2005. In July 2006, 23.3 million litres of Australian produced white table wine were exported, a decrease of 9.6% on June 2006, but an increase of 8.3% on July 2005. Australia exported 37.2 million litres of Australian produced red and rosé table wine in July 2006, a decrease of 10.6% on June 2006 and 3.4% on July 2005. EXPORTS OF TABLE WINE BY TYPE: Original UNIT VALUE OF WINE EXPORTS In original terms, 62.0 million litres of wine valued at $223.9m were exported in July 2006, a decrease of 9.9% in quantity and 11.8% in value on June 2006. The average value of Australian wine exported in July 2006 was $3.61 per litre, down from $3.94 per litre in July 2005 and $3.69 per litre in June 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 July, the value reported by the ABS was $223.9m, while the AWBC value was $240.1m. 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, 2.2 million litres of wine, valued at $18.3 million were imported in July 2006, an increase of 11.0% in quantity and 6.1% in value on June 2006. The average value of wine imports cleared for home consumption in July 2006 was $8.45 per litre, down from $9.01 per litre in July 2005. 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 5.4% on the same quarter in 2005 with exports increasing by 10.0%.
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