SOUTH AFRICA: Cape wine value up in UK
It was also experiencing spectacular results in Holland where it was the top New World wine exporter, with 16.1% value share of the off-licence market in that country, compared with 14.4% a year ago, according to Wines of South Africa CEO, Su Birch.
Sales volumes to Holland were up 14.7% from 12.7% last year.
But it was in the UK where the most significant moves came despite a strengthening of the Rand and higher domestic wine prices.
"We are holding to our promise of over-delivering," said Birch.
She said it placed pressure on the industry's long-term sustainability and explained why it was shifting its focus away from the very price sensitive lower segment of the market to the £5 a bottle category.
In reaching our goal of 13.5% by 2005, Birch said winemakers aimed at exporting 500,000 cases of wine to the UK retailing at £5 a bottle or more. In 2002 only 140 cases of wine were sold in this price category.
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