The Bulk Wine Monitor is a one-page at-a-glance summary, which provides grapegrowers and winemakers with an indication of supply and demand for commercial wine on the global market, and the competitiveness of Australian wine. The report summarises global prices for bulk wine from Australia and other countries. Bulk wine prices are taken from the Ciatti Global Market reports published monthly.

The report includes:

• Monthly trend in Australian bulk wine prices over the past 2 years by variety
• Comparisons of price for the same month over the past 5 years
• Comparison of average bulk wine prices by country for the latest month
• Comparison of change in bulk wine price for Australian wine between AUD and USD

Varieties include: Shiraz (Syrah), Cabernet Sauvignon, Merlot, generic red, Chardonnay, Sauvignon Blanc, Pinot Gris/Grigio and generic white.

The report is updated monthly and published quarterly. Intervening month reports are available on request.

Report summary

The December 2024 Bulk Wine Monitor shows that Australian bulk prices for major red and white varieties have decreased from November 2024 for Australian wines, based on Ciatti bulk wine offer prices.

In December 2024, the prices of red varieties have decreased compared with the previous month after being on an increasing trend since March this year. Australia continues to record the lowest bulk prices by country for generic red at 38 cents (USD) and Shiraz / Cabernet Sauvignon / Merlot at 48 cents (USD).

Whites have all declined in the past 12 months: Chardonnay was down 5 per cent and Pinot Gris/Grigio was down 2 per cent compared with December 2023. Sauvignon Blanc (77 cents (USD)) declined by 11 per cent, leading Pinot Gris/Grigio (78 cents (USD)) to overtake Sauvignon Blanc as the highest-valued Australian variety on the global bulk wine market since at least 2022. Generic white and Muscat remained flat over the same period.

Source

Ciatti Global Market Reports – updated monthly.