News

Australian wine exports declined by 4 per cent in value to $2.77 billion in the 12 months to March 2021, compared with the previous corresponding period, driven principally by the toll taken by high Chinese tariffs, according to Wine Australia’s latest Export Report released today.

The Wine Industry Mentor Program, which pairs early career wine sector professionals with respected wine sector leaders, is expanding into all areas of the wine industry. 

The grape and wine community will gather at locations around Australia for the National Wine Sector Bushfire Conference on 25 May 2021 to explore the learnings from the 2020 vintage and how to prepare, respond and recover from future fire events.

Wine buyers around the world will be able to discover and connect with Australian wines on a first-of-its-kind virtual platform launching 27 April.

In the 12 months ended March 2021, Australian wine exports decreased by 4 per cent in value to $2.77 billion and by 1 per cent in volume to 724 million litres due principally to a reduction in exports to mainland China as well as the cumulative effects of three consecutive lower vintage in Australia leading to less volume available to export. 

Cabernet Sauvignon is the world’s most popular wine, with an estimated 151 million cases of the variety consumed around the world in 2019 – 11 per cent of which is estimated to be Australian.

Sales of Australian wine exceeded production for the third year in a row during 2019–20, according to the Wine Production, Sales and Inventory report 2020.

In March 2020, the majority of nations around the world found themselves entering COVID-19 lockdowns for the first time. Twelve months on, some markets are still facing public restrictions while others are relatively back to normal. However, all markets have experienced changes to consumer behaviour in some way.

2020 was a year unparalleled in recent history, massively shifting consumer behaviours. This Market Bulletin examines the effects on the wine market in the United States of America including total wine sales by channel, shifting demographics, domestic category versus imports and, finally, how the Australian category has fared.