NEW ZEALAND WINE: “STELLAR EXPORT PERFORMANCE”

New Zealand Winegrowers reported today that global sales reached 103 million litres, exceeding the 100 million mark for the first time. Cheaper prices as a result of the grape shortage in New Zealand have helped sales which have increased 39% from 2004 and 89% higher than 2003. Chief of New Zealand Winegrowers Philip Gregan points their success is due to the “recovered market share from imported products” and a “stellar export performance.”