News

Wine Australia’s free, comprehensive education program Australian Wine Discovered (AWD) has been refreshed and 25 topics are now available online with additional resources, updated commentary and advanced notes.

The value of Australian wine exports continued to grow in the 12 months to 31 March 2020, but Wine Australia reports that the full impact of COVID-19 on exports is still to come.

Total wine sales exceeded production for the second year in a row, indicating a tightening of supply and contributing to increased value for the sector, according to Wine Australia’s Wine Production Sales and Inventory report 2019 released today. 

Exceptional growth in demand for Australian fine wine saw the total value of Australian wine exports grow by 3 per cent to $2.91 billion in the 12 months to December 2019.

The value of Australian wine exports has continued to grow in the 12 months to June 2019, increasing by 4 per cent in value to $2.86 billion. China continued to drive growth and the United States of America (USA) also made a welcome return to growth.

A summary of the current alcohol statement information for 33 plus countries that Wine Australia publishes Export Market Guides for.

In the 12 months ended September 2020, the value of Australian wine exports increased by 4 per cent to $2.998 billion while volume declined by 0.4 per cent to 771 million litres (85.7 million cases). The average value of exports increased by 4 per cent to $3.89 per litre.

Cabernet Sauvignon is the world’s most planted winegrape variety and it is celebrated around the globe on 3 September with International Cabernet Sauvignon Day. 

There is considerable uncertainty surrounding the extent and duration of the COVID-19 pandemic in health and economic terms. However, there are some clear trends emerging and what is certain is that businesses will need to be agile and responsive to survive and prosper in this environment.

Wine Australia’s Export Report for the year ended June 2020 shows that despite short supply and COVID-19 restrictions, Australian wine exports experienced only a small decrease in value of 1 per cent to $2.84 billion in 2019–20.

July is the month when the export of current vintage Australian wine tends to start in earnest. This week’s Market Bulletin looks at how conditions on the global bulk wine market in mid-2020 compare with last year.