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NEWS
UPDATED 31 MARCH 2004
INDEXOCT 03NOV 03DEC 03JAN 04FEB 04MAR 04LATEST


Wine buffs will have to stock up
26 Feb 2004

New statistics show that the 2003 vintage was the smallest in six years. The drought affected the grape harvest, which was down 15 per cent to just under 1.5 million tonnes. This was the lowest harvest since 1997, and down on the 2002 harvest of 1.75 million tonnes.

The 2003 grape crush fell 12.9 per cent to 1.4 million tonnes - but it was still the third largest on record.

White wines will be affected most, with the white grape crush falling to 570,000 tonnes, down 17.6 per cent. The red grape crush fell to 825,000 tonnes, down 9.3 per cent. Wine production overall decreased by 11.4 per cent to just over one million tonne. Production fell most in Queensland, NSW and the ACT, although Tasmania went against the trend and increased production.

Despite the decline in production, wine exports rose to 518.6 million litres, at a value of $2.4 billion. The EU took most, the majority going to the UK, followed by North America.

Domestically, sales of wine rose to 402.5 million litres, up 16.3 million litres.

News.com.au, 25/2/04.

Previous News Items:
25 Feb 2004 | Australian tawny port set for EU
19 Feb 2004 | Wine body folds
12 Feb 2004 | Makers and MPs want wine tax cut
28 Jan 2004 | Market pressure on grapes
16 Jan 2004 | Wine grape production up 28pc


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