AUSTRALIA: Export figures reflect slowing demand

By Tony Baker | 17 March 2004

The flattening demand for Australian wine is beginning to be tracked in official export statistics. Australian Wine and Brandy Corporation figures show that, as a moving annual total to February, exports were up 14% on the previous year and worth A$2.47 billion (US$182.5 billion). But there was a 7.4% decline in average dollar per lire to producers over the period.

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The flattening demand for Australian wine is beginning to be tracked in official export statistics. Australian Wine and Brandy Corporation figures show that, as a moving annual total to February, exports were up 14% on the previous year and worth A$2.47 billion (US$182.5 billion). But there was a 7.4% decline in average dollar per lire to producers over the period.

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