The Wheel Is Turning For Wine Grape Producers
FarmBiz|April 2020
South African wine grape producers’ financial viability is looking up following a long downward cycle.
Vinpro
The Wheel Is Turning For Wine Grape Producers

However, a long road to sustainability still lies ahead.

The Vinpro Production Plan Survey is conducted annually among South African wine grape producers to obtain a reliable benchmark regarding average profitability at primary level, while sharing best practice. A total of 260 wine grape producers participated in the 2019 survey, which represented close to 27% of the total area under vines and 26% of the country’s total wine grape production.

Increase in farming income

According to the survey, 28% of the participating wine grape producers made a profit in 2019, compared to only 15% in 2015. The industry’s average return on investment also increased during this period from less than 1% in 2015 to 4,83% in the 2019 harvest year.

The average South African wine grape producer earned a nett farming income of R20 617/ha in 2019, 37% higher than in 2018. Although the average production costs, which include cash expenditure and provision for replacement, were 7% higher than in 2018 at R51 821/ha, the gross farming income increased by 14% to R72 439/ha.

هذه القصة مأخوذة من طبعة April 2020 من FarmBiz.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة April 2020 من FarmBiz.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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