Australian Wine Exports To The U.S. Rise 4% In 2015January 22, 2016
Australian wine exports to the U.S. market posted solid value growth in the 12 months through December, as wines priced above $10 a bottle continued to gain ground. Aussie wine shipments to the U.S.—the category’s top export market by value—rose 4% to A$443 million ($311m) last year, while shipments to Canada—its fourth-largest market—grew 7% to A$193 million ($136m), according to the Wine Australia trade group.
Premium-tier wines propelled Australia’s increase in the U.S. in 2015. The $10-$14.99 a bottle segment demonstrated a 5% volume increase and flat value growth, but the $15-$19.99 range surged 33% by volume and 38% by value. The $20-$29.99 price point grew 22% by volume and 11% by value, while the $30-$39.99 tier roughly doubled in both volume and value terms. Above-$50 wines also saw strong double-digit progress.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
Tagged : Australia