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SA wine industry needs more exports or face trouble

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Cape Town - Unless the SA wine industry has an export boom, it will be in trouble, because the domestic market has not been successfully exploited, agricultural economist and Professor Nick Vink of Stellenbosch University said at the annual Nedbank Vinpro Information Day on Thursday.

At the same time, he said the SA wine industry has now overtaken that of Australia in terms of competitiveness, research shows.  

In his view, the SA wine industry is now on a steady stream where it looks like domestic consumption is increasing. At the same time, total production is increasing too, while exports appear to have stayed about the same.

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