New Zealand Sauvingnon Blanc will become harder to find in 2018
New Zealand has seen steady increases in exports of wine since the 1980, but poor weather has shrunk production by 9% for the 2017 harvest.
A smaller volume is not what wineries want as export volumes have been surging. Currently the USA is New Zealand’s largest export market and grew strongly in 2016 up 24% according to the NZ Wine Growers 2016 annual report. The UK came in second place with volumes up 8%. Both these markets are likely to see sales soften in the next year as prices rise, reflecting unmatched demand from the poor harvest. On a positive note the quantity may be down but the quality is reported to be good.