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Australian wine production down 3.4% vs year ago
Dec 6, 2010
(MarketWatch) -- Australian wine production decreased in fiscal 2010, according to data from the Australian Bureau of Statistics out Tuesday. Grape crush over the year totaled 1.6 million tonnes, down 7.5% year-on-year. The crush produced 1.1 billion liters of beverage wine, down 3.4% on last year. Red and rose wine production totaled 613 million liters, down 1.7%, while white wine production totaled 498 million liters, down 7.4%. Exports of Australian-produced wine rose 4.8% to 789 million liters with domestic sales up 4.7% to 471 million liters. Inventories fell 8.3% to to 1.7 billion liters
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