Rabobank Wine Quarterly Q3
Rabobank Wine Quarterly Q3: Trends and outlook for the international market
Summary:
•
Global supply and demand balance improving and
stocks to become tighter in the short term
•
Diminishing pressure for wineries to participate in
less profitable markets or price segments
•
Strategic sourcing gaining importance
• Shift in negotiating
leverage in favour of wine companies that control supply
New Zealand:
The
dramatically low 2012 harvest and the resulting increases in
pricing have stimulated grape markets in Marlborough.
Growers are receiving more buyer interest and signals to
raise production in 2013.
Export volumes grew 11.1 per
cent while export values grew slightly less strongly at 9.1
per cent in 1H 2012. Monthly shipments remain strong and
export shipments of Sauvignon Blanc from vintage 2012 have
begun in earnest.
Full Repor - Rabobank_Wine_Quarterly_Q3.pdf