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8504.0 - Sales of Australian Wine and Brandy by Winemakers, Jul 2004  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/09/2004   
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JULY KEY FIGURES

July 2004
Jun 2004 to Jul 2004
Jul 2003 to Jul 2004
'000 L
% change
% change

Trend estimates

Australian produced wine
Domestic wine sales
34,521
-0.8
1.2
White table wine sales
17,315
-1.1
1.7
Red and rosé table wine sales
12,041
-0.5
-

Seasonally Adjusted

Australian produced wine
Domestic wine sales
34,037
-0.6
-2.2
White table wine sales
16,918
-1.7
-4.1
Red and rosé table wine sales
11,998
0.5
-0.2

- nil or rounded to zero (including null cells)

Australian produced wine, Domestic sales
Graph: Australian produced wine, Domestic sales, Seasonally adjusted and Trend

Australian produced wine, Exports - Original
Graph: Australian produced wine, Exports, Original



JULY KEY POINTS


TREND ESTIMATES

  • The trend estimate for domestic sales of Australian produced wine was 34.5 million litres in July 2004, a decrease of 0.8% on June 2004, but increasing 1.2% on July 2003.
  • The trend estimate for domestic sales of white table wine decreased 1.1% on June 2004, but increased 1.7% on July 2003 while red and rosé table wine decreased 0.5% on June 2004, but remained unchanged on July 2003.


SEASONALLY ADJUSTED ESTIMATES
  • The seasonally adjusted estimate for domestic sales of Australian produced wine was 34.0 million litres in July 2004, a decrease of 0.6% on June 2004.
  • The seasonally adjusted estimate for domestic sales of white table wine decreased 1.7% on June 2004 while red and rosé table wine increased 0.5% on June 2004.


ORIGINAL ESTIMATES
  • In original terms, 36.7 million litres of Australian produced wine was sold domestically by winemakers in July 2004, an increase of 8.6% on June 2004, but a decrease of 2.8% on July 2003.
  • Exports of Australian produced wine decreased 8.6% over June 2004 to 49.5 million litres. Australia exported 584.1 million litres with a value of $2.5 billion in the twelve months ending July 2004, an increase of 10.8% in volume and 1.3% in value over the corresponding period to July 2003.


NOTES


CHANGES IN THIS ISSUE

Seasonally adjusted and trend estimates have been revised this issue as a result of an annual reanalysis. This includes changes in the method of seasonal adjustment and trend estimation. Additional information on the seasonal adjustment methods applied to Sales of Australian Wine and Brandy by Winemakers time series is available on request by contacting the ABS Time Series Analysis section on telephone (02) 6252 6345 or email timeseries@abs.gov.au.



DATA NOTES

There are no data notes in this issue.



ROUNDING

Where figures have been rounded, discrepancies may occur between sums of the component items and totals.



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Graeme Thomas on Adelaide (08) 8237 7536.

SUMMARY COMMENTARY

DOMESTIC AUSTRALIAN TABLE WINE SALES - TREND


TOTAL WHITE AND RED/ROSÉ TABLE WINE

The trend estimate for total sales of white table wine decreased 1.1% on June 2004, but increased 1.7% on July 2003. The trend estimate for total red and rosé wine decreased 0.5% on June 2004, but remained unchanged on July 2003.

TOTAL WHITE AND RED/ROSÉ TABLE WINE: Trend
Graph: Total White and Red and 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 decreased 0.3% on June 2004, but increased 4.4% on July 2003. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres decreased 0.2% on June 2004, but increased 2.8% on July 2003.

TABLE WINE, Glass container less than 2 litres: Trend
Graph: 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 1.3% on June 2004, and 0.9% on July 2003. The trend estimate for red and rosé wine in soft packs decreased 0.8% on June 2004, and 4.5% on July 2003.

TABLE WINE, Soft pack containers: Trend
Graph: 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 sixteen years. In 1987-88, 39.1 million litres of wine were exported. Exports gradually grew over the next five 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. In 2003-04 exports totalled 578.3 million litres, an increase of 11.5% on 2002-03.

Exports of Australian produced wine, Annual totals: Original
Graph: Exports of Australian produced wine, Annual Totals, Original




EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE

In original terms, 49.5 million litres of Australian produced wine were exported in July 2004, a decrease of 8.6% on June 2004, but an increase of 9.5% on July 2003. In July 2004, 19.2 million litres of Australian produced white table wine were exported, an increase of 7.6% on June 2004 and 8.7% on July 2003. Australia exported 29.6 million litres of Australian produced red and rosé table wine in July 2004, a decrease of 16.2% on June 2004, but an increase of 10.6% on July 2003.

EXPORTS OF TABLE WINE BY TYPE: Original
Graph: Exports of Table wine by Type, Original




UNIT VALUE OF WINE EXPORTS

In original terms, 49.5 million litres of wine valued at $208.3 million were exported in July 2004, a decrease of 8.6% in quantity and 14.0% in value on June 2004. The average value of Australian wine exported in July 2004 was $4.21 per litre, down from $4.49 per litre in July 2003 and also down when compared to $4.47 per litre in June 2004.

UNIT VALUE OF WINE EXPORTS: Original
Graph: 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 ABS from customs export records and the ABS converts the value on the day of shipment, at the daily conversion rate (see paragraph 9 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 while this does not occur with the ABS method. For July the value reported by the ABS was $208.3 million while the AWBC value was $225.7 million. When the Australian exchange rate is moving significantly the alternative methods will result in diverging valuations.



IMPORTS AND DISPOSALS OF AUSTRALIAN PRODUCED WINE


WINE IMPORTS CLEARED FOR HOME CONSUMPTION

In original terms, 1.5 million litres of wine were imported, an increase of 40.7% in quantity and 41.2% in value on June 2004. The average value of wine imports cleared for home consumption in July 2004 was $8.10 per litre, down from $11.54 per litre in July 2003.

WINE IMPORTS CLEARED: Original
Graph: Wine Imports Cleared, Original




DISPOSALS OF AUSTRALIAN PRODUCED WINE AND WINE AVAILABLE FOR CONSUMPTION IN AUSTRALIA

The original data for the June quarter 2004 shows that wine available for consumption in Australia increased 2.6% on the same quarter in 2003. Domestic sales of Australian wine increased 1.8% and wine imports increased 34.6%. Total disposals of Australian produced wine increased by 7.6% on the same quarter in 2003 with exports also increasing by 11.6%.

Domestic sales of Australian produced wine (A)
Wine imports cleared for home consumption (B)
Wine available for consumption (A + B)
Exports of Australian produced wine (C)
Total disposals of Australian produced wine (A + C)
Period
'000 L
'000 L
'000 L
'000 L
'000 L

2001-02
386,232
14,479
400,711
418,390
804,622
2002-03
402,479
17,112
419,591
518,595
921,074
2003-04
417,378
r18,737
r436,115
r579,796
r997,174
June Quarter 2003
99,615
2,516
102,131
142,195
241,810
June Quarter 2004
101,394
3,386
104,780
r158,759
r260,153

r revised

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