Australia and Oceania: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Australia and Oceania

The wine of fresh grapes market in Australia and Oceania shrank markedly to $X in 2022, which is down by -15.7% against the previous year. The total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +3.3% against 2020 indices. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Australia and Oceania

In value terms, wine of fresh grapes production declined modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2018 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports in Australia and Oceania

In 2022, approx. X litres of wine of fresh grapes (except sparkling wine) were exported in Australia and Oceania; with an increase of 19% against the year before. Overall, exports, however, recorded a slight shrinkage. The volume of export peaked at X litres in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, wine of fresh grapes exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +2.0% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Australia (X litres) and New Zealand (X litres) was the key exporter of wine of fresh grapes (except sparkling wine) in Australia and Oceania, comprising 99.9% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by New Zealand (with a CAGR of +5.4%).

In value terms, the largest wine of fresh grapes supplying countries in Australia and Oceania were New Zealand ($X) and Australia ($X).

Among the main exporting countries, New Zealand, with a CAGR of +8.0%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per litre, approximately reflecting the previous year. Export price indicated perceptible growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wine of fresh grapes export price increased by +9.8% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 24%. The level of export peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per litre), while Australia totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+2.5%).

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports in Australia and Oceania

In 2022, the amount of wine of fresh grapes (except sparkling wine) imported in Australia and Oceania rose significantly to X litres, growing by 8.7% on the previous year's figure. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when imports increased by 15% against the previous year. The volume of import peaked at X litres in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, wine of fresh grapes imports stood at $X in 2022. The total import value increased at an average annual rate of +2.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 9.6%. The level of import peaked in 2022 and is likely to see steady growth in the near future.

Imports by Country

Australia was the largest importing country with an import of around X litres, which amounted to 66% of total imports. It was distantly followed by New Zealand (X litres), committing a 25% share of total imports. New Caledonia (X litres) and Papua New Guinea (X litres) took a minor share of total imports.

From 2012 to 2022, average annual rates of growth with regard to wine of fresh grapes imports into Australia stood at -1.0%. At the same time, Papua New Guinea (+11.1%) displayed positive paces of growth. Moreover, Papua New Guinea emerged as the fastest-growing importer imported in Australia and Oceania, with a CAGR of +11.1% from 2012-2022. New Zealand and New Caledonia experienced a relatively flat trend pattern. Australia (-2 p.p.) significantly weakened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported wine of fresh grapes (except sparkling wine) in Australia and Oceania, comprising 75% of total imports. The second position in the ranking was taken by New Zealand ($X), with a 16% share of total imports. It was followed by New Caledonia, with a 3.8% share.

From 2012 to 2022, the average annual growth rate of value in Australia totaled +2.1%. In the other countries, the average annual rates were as follows: New Zealand (+1.8% per year) and New Caledonia (+2.6% per year).

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per litre, almost unchanged from the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.9%. The growth pace was the most rapid in 2018 an increase of 35% against the previous year. Over the period under review, import prices reached the maximum at $X per litre in 2021, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Australia ($X per litre), while Papua New Guinea ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Caledonia (+3.6%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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