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

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