The bulk wine update 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:
- Australian bulk wine prices for the latest month by variety
- Comparisons of price for the same month over the past 3-4 years
- Commentary and context on the main trends
Varieties include: Shiraz (Syrah), Cabernet Sauvignon, Merlot, generic red, Chardonnay, Sauvignon Blanc, Pinot Gris/Grigio and generic white.
The report is updated quarterly.
The July 2020 bulk wine update shows that Australian bulk wine prices for all key varieties have decreased in July 2020 compared with a year ago but have shown a recent uptick in prices in the past three months.
Australian bulk wine prices have been continuing to soften in the past 12 months, but a weakening in the Australian dollar against the USD means that prices have increased or stayed the same in Australian dollars.
See also the Global Wine Supply Monitor.
Ciatti Global Market Reports – updated monthly.