NEW ZEALAND: Wine export sales hit record high - figures
The wine industry in New Zealand has found strong growth
Export sales of New Zealand wine have risen by 9% in the last 12 months, according to latest figures.
Sales by value in the year to 31 March reached NZD1.32bn, a record high, New Zealand Winegrowers said today (30 April). It caps a decade of strong growth for the country's wine industry in which export sales have increased by NZD1bn.
Volume sales for the last 12 months were not disclosed.
New Zealand Winegrowers CEO Philip Gregan said the figures reflect continued demand in key markets for the 2013 vintage.
“We expect further strong growth in the year ahead when the 2014 vintage wines are released,” Gregan added.
New Zealand wines have grown in popularity over the past few years, especially labels from the Marlborough and Central Otago regions. At the beginning of this month, Accolade Wines completed its purchase of a range of New Zealand wine brands from Mud House Wine Group, including labels from Marlborough and Central Otago.
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