South Africa: Bulk wine shipments impacting on local wine industry
South Africa: Bulk wine shipments impacting on local wine industry
Nov 16, 2012 6
(EngineeringNews) - The South African wine industry’s future competitiveness will depend on the country’s ability to access new markets through government support, increase its productivity, maintain the local identity of its wines and maintain sound wine quality, says wine producer consultation organisation VinPro executive director Rico Basson.
As global trade flows have changed over the past two decades, supply chain logistics have had to evolve accordingly and developing the ability to ship wine in bulk has had increasing implications for the way in which the wine industry operates.
The significant rise in bulk wine shipments, as opposed to bottled wine shipments, was a result, to some extent, of how the world’s major wine import markets had evolved over the past decade, food and agribusiness financial services provider Rabobank stated in January.
Comments