VOICED: New Zealand wine growers look beyond the glut

VOICED: New Zealand wine growers look beyond the glut

Assessment

Interactive Video

Business

10th Grade - University

Hard

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New Zealand's wine industry, particularly Sauvignon Blanc, has seen rapid growth, with Marlborough as a key region. However, this expansion led to a wine glut, causing prices to drop significantly between 2008 and 2010. Some growers resorted to selling to bulk producers, affecting quality. Despite these challenges, there are signs of recovery, with optimism for a brighter future as the industry adapts and seeks to maintain its reputation.

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OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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