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AUSTRALIA: January wine exports plunge

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January's domestic wine sales in Australia rose compared to December 2004, according to recent figures. The value and volume of exports, however, fell considerably.

The government's Bureau of Statistics said today (3 March) that sales of domestically-produced wine increased last month to a seasonally-adjusted 36.4m litres, a rise of 4.3% against December last year and 7.3% against January 2004. Total sales in the fiscal year to 30 June 2004 were up 3.7% to 417.4m litres from 402.5m litres in the corresponding period 12 months earlier.

Exports of Australian wine in January fell compared to December 2004 by 19% in quantity to 43.8m litres and 24% in value to A$173.5m. The volume of exports against January 2004 was up, however, by 14% the bureau said.

The average value of wine exported in January dropped to A$3.96 a litre from A$4.21 in December and A$4.12 in January 2004.


Sectors: Wine

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