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MARCH KEY FIGURES
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 0.5% on February 2005, and 1.5% on March 2004. The trend estimate for red and rosé wine sales in glass containers of less than 2 litres increased 1.4% on February 2005, and 12.5% on March 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 increased 1.0% on February 2005, but decreased 1.0% on March 2004. The trend estimate for red and rosé wine in soft packs increased 0.1% on February 2005, and 2.8% on March 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 sixteen years. In 1988-89, 39.0 million litres of wine were exported. Exports gradually grew over the next four 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 584.3 million litres, an increase of 12.7% on 2002-03.
Exports of Australian produced wine, Annual totals: Original
EXPORTS OF WHITE AND RED/ROSÉ TABLE WINE
In original terms, 56.7 million litres of Australian produced wine were exported in March 2005, an increase of 22.7% on February 2005, and 5.9% on March 2004. In March 2005, 18.2 million litres of Australian produced white table wine were exported, an increase of 22.7% on February 2005, and 5.2% on March 2004. Australia exported 37.3 million litres of Australian produced red and rosé table wine in March 2005, an increase of 24.4% on February 2005, and 5.7% on March 2004.
EXPORTS OF TABLE WINE BY TYPE: Original
UNIT VALUE OF WINE EXPORTS
In original terms, 56.7 million litres of wine valued at $228.4m were exported in March 2005, an increase of 22.7% in quantity and 26.0% in value on February 2005. The average value of Australian wine exported in March 2005 was $4.03 per litre, down from $4.23 per litre in March 2004, but an increase when compared to $3.93 per litre in February 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 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. This does not occur with the ABS method. For March, the value reported by the ABS was $228.4m, while the AWBC value was $230.9m. 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 March quarter 2005 shows that wine available for consumption in Australia increased 0.7% on the same quarter in 2004. Domestic sales of Australian wine increased 1.0%, but wine imports decreased 5.7%. Total disposals of Australian produced wine increased by 3.7% on the same quarter in 2004 with exports increasing by 5.3%.
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