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Wine shelf. The Australian wine industry is one of the world's largest exporters of wine, with approximately 800 million out of the 1.2 to 1.3 billion litres produced annually exported to overseas markets. [1] The wine industry is a significant contributor to the Australian economy through production, employment, export, and tourism.
In Nov. 2022 the company was the largest family-owned winery in Australia, and the largest exporter of wine by volume in the country as well, with [yellow tail] accounting for around 17 % of all Australian exported wine. In 2022 it was also ranked the third largest Australian wine company by total production [9] and fourth largest by total ...
Langton's Classification of Australian Wine is a listing of fine Australian wines compiled by wine-specialist auction house and online merchant Langton's. The Classification is a ranking of the best-performing Australian wines based on secondary market support over a minimum of 10 vintages. It was first published in 1991.
The business is the largest wine company by volume and value in the United Kingdom and Ireland, a highly-competitive market with thin margins. [11] Its popular brands there include: Hardys, the number one Australian wine brand in the UK and a significant wine brand in mainland Europe, Kumala, the UK's number one South African wine brand, [18]
The Yellow Tail brand was developed in 2000 and was originally produced for the export market. It became the number one imported wine to the United States in 2011. [3] [4] The namesake of the brand, Yellow Tail, is the yellow-footed rock wallaby (Petrogale xanthopus), a relative of kangaroos.
The first vintage of Penfolds Grange was made on an experimental basis in 1951 by Penfolds winemaker Max Schubert and were largely given away at the time. [2] Having toured Europe in 1950, Schubert implemented wine-making techniques observed in Bordeaux upon his return, aiming to create a red wine able to rival the finest Bordeaux wines both in terms of quality and ageing potential.
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