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Why SA’s wine industry is upbeat despite falling exports

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According to industry body’s Wines of SA’s Export Report published last week, the overall value of SA’s exports declined 7% to R8.5bn, while the total volume of exports fell 24% to 320-million litres.

SA’s wine industry is upbeat about its growth prospects and sustainability despite exports falling sharply in 2019.

This has added to the gloomy prospects of the broader agricultural sector.A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

 

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