A bad year for SA wine exports as volume slumps 17%
Wines of SA cites a smaller harvest and a normalisation in stock levels after the pandemic
28 January 2024 - 19:21
SA’s wine exports fell 17% to 306-million litres in 2023, in part because high inflation and high interest rates in some of SA’s key wine export markets affected how consumers chose to spend their money, says wine export promotion body Wines of SA (WoSA).
Wine exporters say also that, like the fruit exporters, they were hampered by logistical challenges at the Port of Cape Town...
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