New Zealand: bigger volumes, lower prices

The latest statistics show that New Zealand is producing more wine but getting less money for it. That is perhaps a confirmation of the fear that new plantings risk leading to an over-production and a glut of wine. Total production for the recently finished 2011 harvest was 310,000 tonnes, an increase with 15% and a new record. (That would be around 2 million hl of wine.) But prices are falling: in 2010 1.56 M hl was exported to a value of 550M euro. the average price was NZ$ 6,90 per litre (around 3.78€) which is a price decrease with 12%. Can we expect further falls in the prices following the big harvest? More info

This post is also available in: Swedish

, ,

No comments yet.

Leave a Reply

  Subscribe to comments:

Notify me of followup comments via e-mail. You can also subscribe without commenting.

Sign up for our Newsletter!

In The BKWine Brief:

Enter your email to get it:

Make your friends happy!

And us too. Share & Like this!


Time to book a wine tour?

Travel on a wine tour with us to Bordeaux, Champagne, Douro, Tuscany, Piedmont, South Africa, Chile-Argentina, and much more...

We know more about wine — and about organising exceptional wine tours — and will give you a better, more extraordinary wine and gourmet experience.

Book your wine tour here with BKWine Tours. Now!

Book a wine tour!