How big is the wine industry in South Africa?

How much is the wine industry worth in South Africa?

The direct, indirect and induced impact/contribution of the wine tourism industry to South Africa’s GDP was R7. 2 billion in 2019. Utilising the same extrapolation approach as for wine tourism turnover, it is estimated that cellars that crush grapes employs 5 809 permanent employees for their tourism activities.

How many wineries are in South Africa?

While the bans did indeed release some pressure on the health system, the financial and personal cost to South Africa’s more than 500 wineries has been substantial.

How big of an industry is wine?

KEY MARKET INSIGHTS

The global wine market size was USD 364.25 billion in 2019 and is projected to reach USD 444.93 billion by 2027, exhibiting a CAGR of 6.06% during the forecast period.

How much is the alcohol industry worth in South Africa?

The South African liquor industry, which includes the manufacture, wholesale and retail of beer, wine, spirits and flavoured alcoholic beverages, was valued at an estimated R106. 1bn in 2016.

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Does South Africa have good wine?

South African wines offer impressively good value, and feature styles and tastes that are food friendly, blending elegance and power. … At one time, the sweet wine of Constantia was the most prized in the world. The most important South African wine regions are around the two cities of Stellenbosch and Paarl.

Which market does South Africa export the most wine to?

The overall value of the country’s wine exports increased by 7.7% to R9. 1-billion, of which packaged wine exports’ value grew by 8.3%. Countries which showed good growth in value include the UK (28%), the Netherlands (19%), the US (12%) and Sweden (17%).

What type of wine is South Africa known for?

Known more famously for its regal status in France’s Loire Valley, the grape is often called Steen in South Africa. Other popular whites are Chardonnay, Sauvignon Blanc, Riesling and Semillon. In addition to dry wines, South Africa is well known for fortified and Port-style wines, as well as late harvest sweet wines.

What makes South Africa wine unique?

2. South Africa Has Its Own Unique Wine – Pinotage. Many different grape varietals thrive in South Africa’s fertile soil, which in turn allows for a wide variety of wines to be available including Pinotage, Chenin Blanc, Shiraz, Cabernet Sauvignon, Merlot, Chardonnay and Sauvignon Blanc.

What is the wine industry South Africa?

Today, South Africa is the ninth-largest wine producing market globally. The country’s agricultural area in terms of grape cultivation is around 93,021 hectares (930km2), with an even balance or red (44.8%) and white varieties (55.2%) grown across these vineyards.

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Who buys the most wine?

The United States consumes the largest volume of wine of any country, at 33 million hectoliters in 2020. At 24.7 million hectoliters, France was the second leading consumer of wine worldwide.

Which state drinks the most wine?

At over 150 million gallons, Californians drank far more wine than any other state in 2019. Florida, which ranked second, consumed half that amount.

Wine consumption in the U.S. in 2019, by state (in 1,000 gallons)

Characteristic Consumption in thousand gallons
California 153,577
Florida 79,434
New York 68,596