6.4 Wine Business Flashcards
True or false?
The production of Rutherglen Muscat is in the hands of only a few wineries, the majority belonging to the Muscat of Rutherglen Network.
True.
Most wines in Rutherglen are made entirely from estate-grown fruit, but some winemakers buy in a small amount from _________.
Most wines in Rutherglen are made entirely from estate-grown fruit, but some winemakers buy in a small amount from growers.
Today, fortified wines (not just Rutherglen Muscat) account for ___% of Australian wine sold globally.
Today, fortified wines (not just Rutherglen Muscat) account for 2% of Australian wine sold globally.
Describe the market demand and overall sales for Australian fortified wine.
Demand is growing but from a small base - from 2016 to 2017 exports to Asia grew 50% and by 11 % to Europe. The domestic market is also showing slight growth; sales value of fortified wines grew 1.4% from 2016 to 2017, which was particularly driven by 8% growth in Muscat sales.
List the three key export markets for Rutherglen Muscat.
China, the UK, and the USA.
Name two significant producers of Rutherglen Muscat (in terms of business volume).
Campbells and Chambers Rosewood.