[27 April/Radio NZ]

It was a big year for New Zealand wine exports into the United States and the industry was also part of a larger global trend seeing increases in the sale of wine into emerging markets. According the Global Wine quarterly report from Rabobank, the supply of wine was tight in 2017 driven largely by the tighter harvest out of Europe. Rabobank Senior Wine Analyst, Hayden Higgins, said that put pressure on global wine flows, which meant increased prices. He added that there was a 5 percent rise in volume and a 6 percent rise in value. He noted that the total value of U.S. imports of New Zealand wine was higher than for Australian wine, despite Australia sending two thirds more volume. This reflected that New Zealand had a larger proportion of bottled wine going into that market. Mr Higgins said Marlborough Sauvignon Blanc had been a great lead into the U.S. market