AUSTRALIA: 2004 wine exports up almost a quarter
By Tony Baker | 10 January 2005
Australian wine exports grew by 23% year-on-year in volume terms last year, reaching 643m litres, according to official figures. This was a 15% increase in overall value to A$2.745bn (US$2.079bn) though there was a decline in value per litre for the second successive year, down 6%.
The Australian Wine and Brandy Corporation reported that the UK was Australia's biggest market in both volume and value again in 2004, after a period when the US imported more in value terms.
The Corporation attributed the buoyant figures overall to the UK resurgence together with global growth in Australian table red sales.