Wine industry booms again
The New Zealand wine industry is firmly on the rebound after a torrid period following the Global Financial Crisis, where winegrowers’ returns plummeted despite an overall growth in export volumes. Wine exports reached record highs again last month, earning almost $1.4 billion for the calendar year – an 8.2 per cent increase from 2013. Crowe Horwarth’s resident wine expert, Alistair King, says that strong performances aren’t just limited to the international market.