Supply and Demand

The NZ wine industry continues to break monthly export sales records, with over seven million bottles of wine exported in March and growth continuing into April and May. The staggering 5.2 million litres of wine exported in March was the biggest ever total in one month, and a 73% increase from March 2004. NZ Winegrowers CEO, Philip Gregan, puts the success down to the emergence of two new markets for Kiwi wine – Germany and Canada.