Tuesday, 29 January, 2019
Decanter, Chris Mercer
South African wine exports rose by 4% globally to R9.06bn in 2018, despite a 6% fall in the amount of wine shipped, said trade body Wines of South Africa this week.
Pressure on Supplies
‘Dwindling stocks’ in the final quarter hit export supplies, said WoSA, citing a small 2018 harvest.
There were signs that stocks may remain under pressure in some areas this year.
WoSA’s export report coincided with a statement by industry body Vinpro that South Africa’s 2019 grape harvest would only be ‘slightly larger than last year’s’.
All eyes will be on the weather in the final weeks of the growing season.
Top export markets in 2018
Top markets for South African wines in 2018. Credit: WoSA.
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