Winestate Magazine

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WORST-CASE SCENARIO AVOIDED

HIS time last year the world plunged into uncertainty and whilst life (at the time of press anyway!) is again feeling pretty normal in New Zealand, there’s no doubting the bigger picture remains precarious. With New Zealand’s wines strongly focused on export, the turmoil in overseas markets has made predictions and planning even more of a challenge than usual. As the initial impact of Covid-19 was playing out, New Zealand Winegrowers (NZW) revised its budgets to reflect an anticipated 10% decrease in sales in the March-June 2020 and July 2020-January 2021 periods (they also prepared a ‘worst

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