AUSTRALIA: Exports pass $2.5 billion
Australia's wine exports have passed the A$2.50 billion (US$1.75 billion) annual barrier for the first time.
New figures from the Australian Wine and Brandy Corporation show an annual figure for the year to May 31, 2004 of A$2.53 billion (US$1.77 billion) despite a 7% decline in the average dollar per litre return to Australian producers.
The US continues to be Australia's strongest growth market with the volume of exports growing by 25% over the previous year to reach 170 million litres. Exports to Canada grew by 35% to 32m litres.
- Comment - Heineken's 'No' Cuts SABMiller Options
- Irish whiskey eyes a slice of Scotch's global pie
- SABMiller spurned by Heineken: The start of the en
- Guinness: A Great Day for St James's Gate
- Can the New World Learn a Lesson from the Old?
- Patron Spirits' Patron Citrónge Lime
- Wm Grant CMO to head Orangina Scweppes Int'l
- Heineken rejects SABMiller purchase proposal
- Diageo's Special Releases 2014
- SABMiller, Heineken silent on takeover offer talk