-30% of New Zealand wine can change the situation for a long time

Trade/Economy – Status -: -30% of New Zealand wine can change the situation in the long run

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Premiumisation from Sauvignon

While 2021 qualifies as the year of New Zealand’s Sauvignon, the sector laments a 30% drop in production this year. Higher production costs and prices, lower wholesale availability and consequently lower private label and other private labeling: conditions are favorable for New Zealand wines to return strongly to premiums

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