Australian wine exports declined in 2023, falling significantly below long-term averages due to a slowdown in Europe and North America amid softening global wine demand and lukewarm sales. Read More
Wine Australia
Australian wine exports have dipped well below long-term averages. Could imminent tariff lift from China save the it? Read More
Among Australia's top five markets by value, only Hong Kong reported growth in the year ended in June, 2023. Read More
The 2023 vintage for Australian wine is predicted to be the smallest in over two decades, according to the National Vintage Survey 2023, due to adverse weather conditions and a decline in global demand. Read More
Emerging markets in Southeast Asia showed strong growth for Australian wine exports in the past 12 months but were unable to offset declining value to traditional markets. Read More
Australian wine exporters encountered another difficult year in 2022 amid rising inflation, costs and interest rates while its exports to China dropped to a new low, the latest data released by the country’s wine trade body has revealed. Read More
Australia’s annual wine exports contracted 11% in value to AU$2.01 billion but Wine Australia is sanguine about its future as it is seeing “the tail end of the decline” in exports to mainland China. Read More
Australia has appointed two country managers for Japan and South Korea to grow Australian wine as it tries to diversity and intensify Australian wine exports during "a really challenging time" amid sharp export drops to China. Read More
Australian wine exports saw "not unexpected" export declines, affected by China's punitive tariffs and the ongoing impact of the pandemic, according to Wine Australia’s latest Export Report. Read More
Australia's wine trade body Wine Australia has announced that it will close its China office in Shanghai, after exports to its once most profitable market plunged under China's punitive tariffs. Read More