Good news but

New Zealand wine exports have hit a new high:

New Zealand wine export earnings have hit a new high, bubbling over the $1.3 billion mark for the first time.

New Zealand Winegrowers chief executive officer Philip Gregan, said it’s due to a combination of increased supply from the 2013 vintage and the continuing strong demand in overseas markets.

“So bring the two things together and we’ve got 9 percent growth in value over the past year.” . . .

That’s the good news.

But there’s another side to the story – there’s still a lot of wine to be sold.

We toured a wine bottling plant last month and saw pallets of boxes full of clean-skin wine bottles which didn’t have a market.

This wasn’t wine maturing, it was wine unsold from last season’s bottling.

New Zealand’s wine production has expanded but it hasn’t all found a market and the plant was already getting this season’s wine in.

Drink up – moderately and sensibly – the country’s wine industry needs us to.

2 Responses to Good news but

  1. Bulaman says:

    This kind of thing helps..

    http://www.telegraph.co.uk/luxury/32239/what-is-the-worlds-best-sauvignon-blanc.html

    Being a default “best in the world” is a great place to be!
    Cheers

    Like

  2. homepaddock says:

    I”ll drink to that – though might choose pinot noir or pinot gris to do it.

    Like

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