2014-04-01 16:43:01 - Wines and Cider in Australia: ISIC 1552 - a new market research report on companiesandmarkets.com
Australian wine and cider market sees 4% CAGR over 2007-2012, with premiumisation being key trend in Australian wine environment. Wines form by far best-selling category, capturing 76% of sales at end of review period. Over the review period value of imports rises by 57% and constitutes 11% of total market value in 2012.
Value of local production plummets by 2% over 2007-2012, to A$5.8 billion at end of review period. Profits rise by 12% over review period to A$1.1 billion in 2012, while profitability reaches 20%. Value of exports shrinks by 26% and constitutes 23% of total market value in 2012.
Industry characterised by moderate degree of consolidation, with 42 medium-sized and large companies capturing dominant 76% share of industry earnings. Industry´s
turnover is expected to grow by 15% over 2013-2018 forecast period, with continuing premiumisation trend.
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