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9/06/2015

NZ Winegrowers predict Sauvignon Blanc shortage

On the back of the 2015 vintage, New Zealand Winegrowers have announced a possible shortage of Marlborough Sauvignon Blanc, an iconic drop for the country.

Although vintage sized totalled 326,000 tonnes — down 27 per cent on the record 2014 vintage, Philip Gregan, New Zealand Winegrowers chief executive officer, said the wines from the 2015 vintage are sure to further enhance the country’s reputation as a world class premium wine producer.

“Given the smaller vintage and the rising demand of New Zealand wine overseas there will be a shortage of vintage 2015 wines, notably Marlborough Sauvignon Blanc,” Gregan said. “Wineries will manage the market implications of the smaller vintage and the precious supply as best they can.”

Despite what Gregan described as a “fabulous summer which provided excellent conditions for ripening grapes”, cool spring conditions contributed to the marked reduction in the crop.

“We expect vibrant, fruit driven wines which are true expressions of our grapegrowing regions,” Gregan said.

New Zealand wine is exported to more than 90 countries and wine exports are currently valued at $1.39 billion per annum. Wine is New Zealand’s sixth biggest export good.

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