|Grapegrower & Winemaker||Wine & Viticulture Journal||Wine Industry Directory||
||Daily Wine News||
Top 20 Australian Wine Companies report released
Subscribe to Daily Wine News e-mail
Browse the DWN Archive by date
Australia’s leading wine industry journal Grapegrower & Winemaker has released its annual Top 20 Australian Wine Companies report.
Now an annual feature in Grapegrower & Winemaker, the report assists producers to plan for upcoming seasons.
This year’s Top 20 report is in fact the Top 23 with annual wine producer sales of about A$20 million the cut-off point for inclusion in the report.
“The real point of the Top 20 is not the monetary ranking but the views the companies have of the industry in the past year, the current year and 10 years down the track – what they think of industry bodies, global competitors etcetera,” said industry commentator Tony Keys who completed the report.
16 of the 23 wineries are family-held companies and four are sections of overseas-based companies (Constellation Brands, US), Pernod Ricard Pacific (France), Lion Nathan (Japan) and Wingara (Spain).
The report comments that vineyards are being removed and only small plantings of ‘new fad’ varieties or grafting are planned for this year.
Large companies still appear to prefer trying to sell vineyards rather than remove them, but this is proving difficult while contracts to buy fruit are unreliable.
The report notes the domestic market is still the most profitable for most but is being undermined because of low prices, while imports from New Zealand continue to dent sales for local producers.
New World producers are also posing the greatest threat to Australia’s overseas markets, with Chile, Argentina and South Africa leading the pack and Canada often quoted as the most profitable.
Wine industry chief executive officers/ managing directors who contributed to the report also found that, in general, 60 Geographical indications were too many, and based on responses from nine companies, the following icon regions were rated in order of preference.
• Margaret River
• Barossa Valley
• McLaren Vale
• Yarra Valley
• Hunter Valley
• Clare Valley
The full report appears in the March issue of Grapegrower & Winemaker which is available from Winetitles by subscriptions at www.winebiz.com.au