Global wine consumption has hit its lowest record ever since 1996 to 221 million hectoliters, down by 2.6% over 2022, as a result of inflation and high production costs, according to OIV. Read More
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For the first time since the second half of 2018, China’s wine import market has shown signs of recovery. Bottled Australian wine imports saw explosive growth in late March. Our full analysis of customs data here. Read More