AUSTRALIA: Australia reports record vintage
Australia's 2001 vintage yielded a record 1,301,000 tonnes of grapes, according to the Australian Wine and Brandy Corporation. The figure, a rise of 14% on 2000, was the result of better weather - despite a very hot start to the harvest - and extensive new plantings.
There was has been a surge of new vineyard development in all major wine regions to take advantage of a continuing export boom and high grape prices, as much as $A5000 - approx £1600 - for top quality shiraz. The trend towards table red wines continues.
The AWBC said the 2001 vintage split 55% for red grapes, 45% white compared with last year's equal quantities of each. This was partly the result of weather conditions favouring red varieties but also reflected domestic and overseas demand.
- Most Valuable Spirits Brands in 2017 - The facts
- Most Valuable Beer Brands in 2017 - The facts
- Diageo Africa president O'Keeffe on beer & spirits
- Travel Retail needs a disruptor - Comment
- What the future looks like for Australian wine
- Diageo ready to lock horns with AB InBev in Africa
- Heineken sees Tesco pull SKUs in UK
- Coca-Cola Co announces senior executive shake-up
- Fever-Tree eyes bumper NPD, pack formats for 2017
- Heineken mulls M&A with $1.75bn notes issue
- Central and East Europe Report Package
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Global vodka insights - market forecasts, product innovation and consumer trends
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global liqueurs insights - market forecasts, product innovation and consumer trends research