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Australian Vintage unveils US$8m bottling plant - sector data

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Australian Vintage, the owner of the McGuigan wine brand, has opened an AUD11m (US$8m) bottling facility at its Victoria site. 

Australian Vintage said the new bottling plant is part of a larger capital investment in the winery

Australian Vintage said the new bottling plant is part of a larger capital investment in the winery

The company said today the new line increases its bottling capabilities and allows it to bottle both sparkling and still wine at the site for core brands. AV said it also accelerates the company's product innovation pipeline and enables it to bring new wines to market more quickly.

The investment is part of an AUD19m injection into AV's operations across its sites, including the installation of a solar plant at an Australian winery at Buronga Hill and new vineyard plantings totalling more than 180 hectares.

Australian wine is in high demand in China, which in 2016 overtook the US as Australia's leading export market by value. In July last year, trade group Wine Australia announced it was launching an action plan for US growth after wine exports to the country fell in 12-month figures.

Domestic consumption is also strong. According to figures from GlobalData, the Australian wine sector is expected to grow from AUD10.4bn (US$8 billion) in 2017 to AUD12.6 billion by 2022. In volume terms, the sector is expected to grow from 595.9m litres in 2017 to 655.4m litres by 2022.

The market by value is not expected to grow as quickly as the Canadian wine sector, which has similar consumption levels to Australia.

Australian Wine Sector vs Canadian by Value

201220172022 (E)
Australia6.4810.2
Canada89.913.9

Source: GlobalData


Sectors: Wine

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