AUSTRALIA: January wine sales fall on both fronts
Australian domestic wine sales fell in January, according to figures released yesterday. The Australian Bureau of Statistics said that domestic sales dropped by 2.5% compared to the previous month to 33m litres, which is 5.2% down year-on-year.
While sales of white wine increased by 0.8%, red wine sales dipped by 2.7%.
Wine exports from Australia in January slid 18.1% to A$154.6m, although year-on-year this represented an increase of 16.5%. In January 2002, exports totalled A$132.6m.
In this financial year, exports have totalled A$1.3 billion so far. Europe and Russia have taken A$75m worth of wine, while North America accounts for A$66m worth.
The UK continues to be the largest single market for Australian wine, at A$53.7m, although the US bought A$52.5m of Australian wine in January, according to the Bureau.
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