![Australia - Wine - Market Analysis, Forecast, Size, Trends and Insights](/landing/img/reports/australia-wine-market-analysis-forecast-size-trends-and-insights.webp)
Australia - Wine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingA 4% Rise in Australia's Wine Price to $2.2 per Litre
Australia Wine Export Price in May 2023
In May 2023, the wine price stood at $2.2 per litre (FOB, Australia), picking up by 3.7% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 21% against the previous month. The export price peaked at $2.8 per litre in June 2022; however, from July 2022 to May 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In May 2023, the country with the highest price was Japan ($3.1 per litre), while the average price for exports to Belgium ($1.0 per litre) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+2.4%), while the prices for the other major destinations experienced more modest paces of growth.
![Australia Wine Export Prices By Country (USD Per Litre)](/landing/img/charts/australia-wine-price-in-may-2023-840w.png)
COUNTRY | Export Price of Wine in Australia (USD per litre) | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
Japan | 2.4 | 2.4 | 2.4 | 2.9 | 2.2 | 4.6 | 3.3 | 2.3 | 2.0 | 2.9 | 3.3 | 2.1 | 3.1 |
United States | 2.0 | 2.3 | 1.9 | 1.8 | 1.9 | 1.9 | 1.6 | 1.7 | 1.5 | 1.9 | 1.7 | 2.3 | 2.3 |
Denmark | 1.8 | 1.6 | 2.1 | 1.9 | 1.2 | 1.0 | 1.2 | 1.4 | 1.3 | 1.1 | 1.0 | 1.4 | 1.8 |
Canada | 1.9 | 2.2 | 1.9 | 2.0 | 1.9 | 1.5 | 1.8 | 1.4 | 1.2 | 1.1 | 1.2 | 1.3 | 1.3 |
Netherlands | 1.4 | 1.3 | 1.7 | 1.3 | 1.8 | 1.3 | 1.2 | 1.7 | 1.9 | 1.6 | 1.1 | 1.2 | 1.3 |
United Kingdom | 1.4 | 1.3 | 1.1 | 1.3 | 1.4 | 1.3 | 1.2 | 1.2 | 1.2 | 1.3 | 1.2 | 1.2 | 1.2 |
Belgium | 1.0 | 0.9 | 1.0 | 1.0 | 1.3 | 1.3 | 0.9 | 1.0 | 1.2 | 0.8 | 0.7 | 1.1 | 1.0 |
Average | 2.4 | 2.8 | 2.1 | 2.0 | 2.1 | 2.1 | 2.0 | 2.4 | 1.7 | 2.0 | 2.1 | 2.1 | 2.2 |
Australia Wine Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In May 2023, the product with the highest price was sparkling wine ($5.2 per litre), while the average price for exports of wine of fresh grapes (except sparkling wine) amounted to $2.2 per litre.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: sparkling wine (+2.3%).
Australia Wine Exports
In May 2023, approximately 54M litres of wine were exported from Australia; picking up by 20% against the previous month. Overall, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in August 2022 when exports increased by 39% month-to-month. As a result, the exports attained the peak of 70M litres. From September 2022 to May 2023, the growth of the exports failed to regain momentum.
In value terms, wine exports soared to $119M (IndexBox estimates) in May 2023. Over the period under review, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in March 2023 when exports increased by 41% month-to-month. Over the period under review, the exports reached the peak figure at 161M litres in June 2022; however, from July 2022 to May 2023, the exports remained at a lower figure.
Australia Wine Exports by Type
Wine of fresh grapes (except sparkling wine) (52M litres) was the largest type of wine exported from Australia, with a 98% share of total exports. It was followed by sparkling wine (1M litres), with a 1.9% share of total exports.
From May 2022 to May 2023, the average monthly growth rate of the volume of export of wine of fresh grapes (except sparkling wine) was relatively modest.
In value terms, wine of fresh grapes (except sparkling wine) ($114M) remains the largest type of wine exported from Australia, comprising 95% of total exports. The second position in the ranking was held by sparkling wine ($5.4M), with a 4.5% share of total exports.
From May 2022 to May 2023, the average monthly rate of growth in terms of the export volume of wine of fresh grapes (except sparkling wine) totaled -1.1%.
Australia Wine Exports by Country
The UK (25M litres) was the main destination for wine exports from Australia, with a 46% share of total exports. Moreover, wine exports to the UK exceeded the volume sent to the second major destination, Canada (6.6M litres), fourfold. The third position in this ranking was taken by the United States (6.3M litres), with a 12% share.
From May 2022 to May 2023, the average monthly growth rate of volume to the UK amounted to +3.0%. Exports to the other major destinations recorded the following average monthly rates of exports growth: Canada (+2.7% per month) and the United States (-6.0% per month).
In value terms, the UK ($29M), Hong Kong ($18M) and the United States ($14M) constituted the largest markets for wine exported from Australia worldwide, together accounting for 51% of total exports.
In terms of the main countries of destination, Hong Kong, with a CAGR of +6.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the wine market in Australia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 564 - Wine
Country coverage:
- Australia
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Australia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023