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SEASONALLY ADJUSTED ESTIMATES
CHANGES IN THIS ISSUE
There are no changes in this issue.
The introduction of indirect seasonal adjustment of the series 'red and rosé table wine' and 'white table wine' has led to a change in the start date for these series along with 'total table wine' and 'total wine' from July 1975 to July 1977. From the July 2006 issue of 8504.0 to be released on 8 September 2006, the published seasonally adjusted and trend estimates for these series will start from July 1977, not July 1975 as was previously the case.
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 0.2% on May 2006, the fourth consecutive month of increase. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased for the first time since July 2005, up 0.2% in June 2006.
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 0.2% on May 2006, the third consecutive month of decrease. The trend estimate for red and rosé wine in soft packs has fallen for the past five months.
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 the quantity of exports of Australian produced wine over the last fifteen years. In 1990-91, 54.2 million litres of wine were exported. Exports grew rapidly to over 100 million litres in 1992-93 and between 1998-99 and 1999-2000 grew 41.8% to reach 284.9 million litres. Over the next three years there were rises of 18.7%, 23.7% and 24.0% respectively. Wine exports increased 12.7% in 2003-04 to 584.3 million litres and then rose 14.6% in 2004-05 to 669.7 million litres. Wine exports continued to rise in 2005-06, reaching 722.0 million litres, a 7.8% increase on 2004-05.
Exports of Australian produced wine, Annual totals: Original
EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE
In original terms, 68.3 million litres of Australian produced wine were exported in June 2006, an increase of 3.6% on May 2006 and 11.3% on June 2005. In June 2006, 25.5 million litres of Australian produced white table wine were exported, an increase of 11.9% on May 2006 and 6.4% on June 2005. Australia exported 41.3 million litres of Australian produced red and rosé table wine in June 2006, a decrease of 1.1% on May 2006, but an increase of 13.5% on June 2005.
EXPORTS OF TABLE WINE BY TYPE: Original
UNIT VALUE OF WINE EXPORTS
In original terms, 68.3 million litres of wine valued at $253.0m were exported in June 2006, an increase of 3.6% in quantity and 12.7% in value on May 2006. The average value of Australian wine exported in June 2006 was $3.71 per litre, down from $3.94 per litre in June 2005, but up from $3.41 per litre in May 2006.
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 June, the value reported by the ABS was $253.0m, while the AWBC value was $258.0m. 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 June quarter 2006 shows that wine available for consumption in Australia decreased 1.4% on the same quarter in 2005. Domestic sales of Australian wine decreased 2.4%, but wine imports increased 24.3%. Total disposals of Australian produced wine increased by 5.2% on the same quarter in 2005 with exports increasing by 9.6%.
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