Tridge summary
Despite favourable weather conditions, New Zealand's 2024 grape harvest is projected to yield less than the 501,000 tonnes produced in 2023, which resulted in over NZ$2 billion in wine exports. However, the quality of the 2024 harvest is anticipated to be high. New Zealand wines, especially Sauvignon Blanc, experienced a 7.7% increase in total sales value in the UK in 2023. The country exports 90% of its wine, mainly to the US, UK, and Australia.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
With the New Zealand grape harvest just weeks away, expectations are high for this year’s crop as the warm summer continues in winegrowing regions across the country. However, the early indications are that the 2024 harvest will not be as fruitful as 2023 in terms of yields, which delivered 501,000 tonnes of grapes and exported more than NZ$2 billion of wine. “Commencement of the grape harvest is now just a few weeks away and there is a real sense of anticipation this year. El Niño traditionally delivers lots of warmth and sunshine in our winegrowing regions and it has certainly been the case this season,” said Philip Gregan, CEO of New Zealand Winegrowers. “Since flowering in December, the weather has been close to ideal for grapes. All the reports we are receiving suggest ripening is progressing well and disease pressure is low. With the grapes in excellent condition, it seems we are heading towards another quality New Zealand wine vintage,” continued Gregan. While the quality ...
Source: Harpers
Would you like more in-depth insights?
Gain access to detailed market analysis tailored to your business needs.
Related market data
What to read next
Read more relevant content
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.