Falling consumption, possible trade wars and Agoa loss could test ‘resilient’ producers
16 February 2025 – 00:00 By THABISO MOCHIKO
Despite flat export volumes and a contracting global wine market, South African wine recorded a 4% year-on-year increase in export sales to $562m (R10.3bn), but industry experts warn of potential pitfalls including constrained consumer spending and the US ramping up global trade wars. ..