John Angove AM Managing Director Angove Family Winemakers
0
500
1000
1500
2000
2500
1990 1995 2000 2005 2010
Ton
ne
s (0
00
's)
Year
Crush Volume: 1990 to 2012
National
South Australia
Balanced (1600)
0
500
1000
1500
2000
2500
3000
3500
0
100
200
300
400
500
600
700
800
900 1
99
0
19
91
19
92
19
93
19
94
19
95
19
96
19
97
19
98
19
99
20
00
20
01
20
02
20
03
20
04
20
05
20
06
20
07
20
08
20
09
20
10
20
11
20
12
Sale
s $
Val
ue
($0
00
's)
Sale
s V
olu
me
(mill
ion
litr
es)
Year
Domestic and Export Sales
Domestic (left axis) Export (left axis) Value $ Export (right axis)
Key Drivers for Australian Wine
Quality • World’s best education institutions for winemaking and viticulture. • Unmatched diversity of grape growing regions. • World leading research facility in the Australian Wine Research Institute.
Marketing Representation Tourism Export
Industry Risks
Anti- Alcohol Lobby
Taxation
Climate Change
Exchange Rate
Taxation Change Impacts
Current Volumetric Volumetric
WET tax tax at tax at
Current 29% beer rate spirits rate
4 litre soft pack 10% alc/vol 12.00 35.50 53.95
tax content per pack incl GST 2.91 21.50 34.96
price of wine, excluding the tax. 9.09 14.00 18.99
Retail price per 750ml bottle 13.5% alc/vol 10.00 14.75 19.50
tax content per bottle incl GST 2.37 5.83 9.38
price of wine excluding the tax 7.63 8.92 10.12
Retail price per 750ml bottle 13.5% alc/vol 20.00 22.50 27.50
tax content per bottle incl GST 4.73 6.55 10.11
price of wine excluding the tax 15.27 15.95 17.39
Australian exports – Asia small but growing
7
• Asia is the growth centre for Australian exports BUT • The growth is off a small base – 5% share in 1996; 10% share in 2011 • Europe and North America down but still account for a combined 85% share of
exports Australian exports by destination region
0
50
100
150
200
250
300
350
400
450
1996 2001 2006 2011 1996 2001 2006 2011 1996 2001 2006 2011 1996 2001 2006 2011
Europe North America Asia Other
Expo
rt v
olum
es (m
illio
n lit
res)
20%
11%
-2%
% = 5 year CAGR
30%
23%
-3%
13%
29%
8%
11%
8%-5%
Source: Wine Australia
8
How we would like the wine industry to look in 20
years…
9
How the wine industry
might end up…