News

Australian wine exports during 2020–21 declined by 10 per cent in value to $2.56 billion, compared with the previous financial year, while export volume declined by 5 per cent in volume to 695 million litres (77 million 9-litre case equivalents), according to Wine Australia’s latest Export Report released today.

The Australian wine sector has rebounded from two successive small vintages to produce a record crop of 2.03 million tonnes in 2021, after a season characterised by near-perfect growing and ripening conditions across most states and regions, according to the National Vintage Report 2021 released today by Wine Australia.

Wine Australia today launched its Export Label Image Search System (ELISS) to help Australian wine producers protect their intellectual property rights.

Fifteen dynamic and skilled members of the Australian wine community have today joined the roll call of the grape and wine sector’s professional and personal development program, Future Leaders.

Wine Australia has launched a new Interactive Insights portal – giving grapegrowers and winemakers 24 x 7 access to the latest wine export and grape production data.

No and low alcohol wines and wine products are attracting a lot of attention lately. This segment is forecast to grow by 15 per cent per annum globally over the next five years, compared with less than 1 per cent for total wine volume.

Early signs suggest that global wine production (supply) and consumption (demand) may be closer together in 2021 than they have been since 2017. However, physically bringing wine and consumers together may be harder than ever before, as turbulence in wine markets and shipping routes disrupt global wine trade.

The rise in popularity of lighter and medium-bodied red wines around the world has seen a resurgence in Australian Grenache in recent years. 

South Korea was ranked as the second most attractive wine market in the world in 2020 according to Wine Intelligence. Now, it has jumped from Australia’s 15^th export market by value to 10^th in the past 12 months.

In the year ended June 2021, Australian wine exports decreased by 10 per cent in value to $2.56 billion and by 5 per cent in volume to 695 million litres (77 million 9-litre case equivalents).