The Australian Bureau of Statistics released March quarter 2011 data on wine sales and imports earlier this week. So what do they tell us about Italian wine being brought into Australia?
Annual figures have 6.607 million litres of Italian wine cleared for Australian import in 2009-10. The 2011 March quarter showed 1.604 million litres, up 23% from the 1.301 million litres of Italian wine imports for March quarter 2010.
New Zealand provided 63% of Australian wine imports by volume for the March quarter 2011, Italy the 2nd ranked source at 12.6% of imports by volume, just ahead of France at 12.5%.
By customs value, New Zealand had 59% of March quarter 2011, 25% for France and Italy at 8.5% share.
Underlying trends for Italian wine imports into Australia are positive for wine by volume (growth of nearly 20% in volume between 2001 and 2010). But over the same period Italian wine imports into Australia grew 29% in customs value.