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SEASONALLY ADJUSTED ESTIMATES
CHANGES IN THIS ISSUE
There are no changes in this issue.
TOTAL WHITE AND RED/ROSÉ TABLE WINE: Trend
TABLE WINE, GLASS CONTAINER LESS THAN 2 LITRES
The trend estimate for sales of white table wine in glass containers of less than 2 litres increased 1.7% on October 2005 and 8.1% on November 2004. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased 0.3% on October 2005 and 5.5% on November 2004.
TABLE WINE, Glass container less than 2 litres: Trend
TABLE WINE, SOFT PACK CONTAINERS
The trend estimate for domestic sales of white table wine in soft packs decreased 1.0% on October 2005 and 2.5% on November 2004. The trend estimate for red and rosé wine in soft packs remained unchanged on October 2005, but decreased 1.8% on November 2004.
TABLE WINE, Soft pack containers: Trend
EXPORTS OF AUSTRALIAN PRODUCED WINE
ANNUAL EXPORTS OF AUSTRALIAN PRODUCED WINE
The graph below shows that there has been steady growth in original terms in the quantity of exports of Australian produced wine over the last fifteen years. In 1989-90, 38.1 million litres of wine were exported. Exports gradually grew over the next three years to reach over 100 million litres in 1992-93. By 1998-99 exports had reached 200.9 million litres. Since then there has been rapid growth with 284.9 million litres of wine exported in 1999-2000, a 41.8% rise on 1998-99. Over the following three years there were rises of 18.7%, 23.7% and 24.0% respectively. Wine exports continued to rise in 2003-04 reaching 584.3 million litres, a 12.7% increase on 2002-03. In 2004-05 exports totalled 669.7 million litres, an increase of 14.6% on 2003-04.
Exports of Australian produced wine, Annual totals: Original
EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE
In original terms, 47.9 million litres of Australian produced wine were exported in November 2005, a decrease of 30.0% on October 2005 and 7.6% on November 2004. In November 2005, 16.4 million litres of Australian produced white table wine were exported, a decrease of 34.7% on October 2005 and 5.2% on November 2004. Australia exported 29.3 million litres of Australian produced red and rosé table wine in November 2005, a decrease of 27.7% on October 2005 and 11.6% on November 2004.
EXPORTS OF TABLE WINE BY TYPE: Original
UNIT VALUE OF WINE EXPORTS
In original terms, 47.9 million litres of wine valued at $183.6m were exported in November 2005, a decrease of 30.0% in quantity and 37.9% in value on October 2005. The average value of Australian wine exported in November 2005 was $3.83 per litre, down from $4.04 per litre in November 2004, and $4.32 per litre in October 2005.
UNIT VALUE OF WINE EXPORTS: Original
DIFFERENCES BETWEEN ABS AND AWBC WINE EXPORT FIGURES
The value of wine exports reported in this publication is derived by the Australian Bureau of Statistics (ABS) from customs export records and the ABS converts the value on the day of shipment, at the daily conversion rate (see paragraph 10 of the Explanatory Notes for more detail). The Australian Wine and Brandy Corporation (AWBC) also report the value of exports and the exporter makes the conversion when submitting wine for export approval. With the AWBC method, it is expected that some of the conversions will occur at hedged rates. This does not occur with the ABS method. For November, the value reported by the ABS was $183.6m, while the AWBC value was $184.4m. When the Australian exchange rate is moving significantly the alternative methods will result in diverging valuations.
WINE IMPORTS CLEARED: Original
DISPOSALS OF AUSTRALIAN PRODUCED WINE AND WINE AVAILABLE FOR CONSUMPTION IN AUSTRALIA
The original data for the September quarter 2005 shows that wine available for consumption in Australia increased 2.4% on the same quarter in 2004. Domestic sales of Australian wine increased 1.8%, and wine imports increased 15.7%. Total disposals of Australian produced wine increased by 6.1% on the same quarter in 2004 with exports increasing by 8.9%.
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