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Austrian wine industry announces record value
Jan 24, 2011
The Austrian wine industry has announced a positive year in 2010, despite difficult market conditions. Although the low harvest volume in 2009 resulted in a sharp drop in barrel exports, exports of bottled wine showed a positive rise reaching the highest ever price average of more than € 2 per litre. The trend is expected to continue because of the small harvest again last year. Willi Klinger, general manager of the Austrian Wine Marketing Board, said: "The share of the bottled wine exports increased to 91%, which is an essentially important development for the domestic wine sector."
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