Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Vintage 2019: Small but stunning


A wonderfully warm summer has contributed to a superb vintage for New Zealand’s wine regions, with 413,000 tonnes of grapes harvested during Vintage 2019.

Although smaller than anticipated, the quality of the harvest is being touted as exceptional from top of the North to bottom of the South Island.

New Zealand Winegrowers CEO Philip Gregan says a high-quality harvest is good news for the industry as export growth continues, with an increase of 4% to $1.78 billion over the last year.

“We have an international reputation for premium quality and innovation. Every vintage is different, but winemakers are excited about the calibre of wine that will be delivered to the bottle and we are confident 2019 vintage wines will be enjoyed by consumers around the world.”

However Vintage 2019 is the third smaller-than-expected harvest in a row, so volume growth is expected to be constrained.

“Smaller vintages in 2017 and 2018 meant wineries had to work to manage product shortages, and many of our members hoped for a larger harvest this year. Another smaller-than-expected vintage will mean more supply and demand tension overall.” says Mr Gregan.

Wine is New Zealand’s sixth largest export good, and New Zealand wine is exported to more than 100 countries.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

LA-London Out; Auckland-NY In: "New Era" For Air NZ International

Air New Zealand is accelerating its ambitions for North America and will launch a non-stop service between Auckland and New York using its 787-9 Dreamliner in October 2020. More>>

ALSO:

Data Investment: Govt Backs Te Reo, Environmental Data Research

The Government is investing in ambitious research that will digitise Te Reo, grow the low-carbon protein efficient aquaculture industry, help interpret environmental trends, and large data sets says Research, Science and Innovation Minister Megan ... More>>

ALSO:

Training: 27 Percent Increase In Trades Academy Places

Two secondary-school initiatives are being expanded as part of the Government’s plan to see more young New Zealanders take up a trade to help close the skills gap. More>>

ALSO:

Unsolicited Messages: NZ Company Fined $36,000

The New Zealand Trustees Association (NZTA) and founder, Errol Anderson, have been fined a total penalty of NZ$ 44,000 in the Auckland High Court for sending unsolicited commercial electronic messages. More>>

Marine And Freshwater Reports: EDS Calls For Urgent Action On Marine Management

“There are some big issues to address. These include many marine species and habitats that are in serious trouble. Of the sample investigated, the report finds that 22% of marine mammals, 90% of seabirds and 80% of shorebirds are threatened with or actually at risk of extinction..." More>>

ALSO: