AUS: More pressure for Australian wine companies
Australian wine companies are facing pressure in their domestic market from the country's neighbour, according to recent figures. The Australian Bureau of Statistics said today (8 November) that imports of wine from New Zealand rose in the month of September by 16% year-on-year.
Growth was particularly strong in the bottled white wine sector, the bureau noted.
Speaking to ABC, Lawrie Stamford from Australia's Wine and Brandy Corporation said that, although only small in the country's domestic market, New Zealand wine is beginning to attract greater interest.
"New Zealand does very well at Sauvignon Blanc and Australian consumers are showing a lot of interest in Sauvignon Blancs at the moment and they do Pinot Noir very well," Stamford said. "Both of these varieties are suitable to cooler climates."
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