US now largest export market for New Zealand wine

17 August, 2015

The US has overtaken Australia to become New Zealand wine’s largest export market by value, according to the 2015 annual report of New Zealand Winegrowers.

Now valued at $372 million, up 13%, the US market accounted for around one quarter of wine exports in year ended June 2015.

Significant potential for further growth in North America and other markets is cited in the report, as the wine industry advances towards its goal of $2 billion of exports in 2020.

NZWG chairman Steve Green said: “We expect further growth in export value in the year ahead, but volume growth will be constrained due to the smaller 2015 harvest.

“Our premium reputation remains the greatest collective asset for New Zealand wine, and underlies the high average price our wine commands in global trade,” said Green.

New Zealand wine exports reached a new record of $1.42 billion in June year end 2015, up 7% on 2014. Wine is now New Zealand’s sixth largest export good by value.





Digital Edition

Drinks International digital edition is available ahead of the printed magazine. Don’t miss out, make sure you subscribe today to access the digital edition and all archived editions of Drinks International as part of your subscription.

Comment

La'Mel Clarke

Service isn’t servitude: the skill of hosting

La’Mel Clarke, front of house at London’s Seed Library, looks at the forgotten art of hosting and why it deserves the same respect as bartending.

Instagram

Facebook