Australia: Grape Market 2024

Grape Market Size in Australia

The Australian grape market contracted slightly to $X in 2022, reducing by -2% against the previous year. Overall, consumption, however, showed a relatively flat trend pattern. Grape consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Grape Production in Australia

In value terms, grape production totaled $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of 19% against the previous year. Grape production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

In 2022, the average yield of grapes in Australia fell to X tons per ha, which is down by -9.4% compared with the year before. The yield figure increased at an average annual rate of +1.3% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 when the yield increased by 24% against the previous year. As a result, the yield reached the peak level of X tons per ha, and then dropped in the following year. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

The grape harvested area in Australia contracted slightly to X ha in 2022, which is down by -1.7% against the previous year. Overall, the harvested area showed a slight downturn. The most prominent rate of growth was recorded in 2015 with an increase of 7.4%. The grape harvested area peaked at X ha in 2012; however, from 2013 to 2022, the harvested area remained at a lower figure.

Grape Exports

Exports from Australia

In 2022, shipments abroad of grapes decreased by -9.2% to X tons, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2013 when exports increased by 78% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, grape exports contracted to $X in 2022. Over the period under review, exports, however, showed a buoyant increase. The growth pace was the most rapid in 2013 when exports increased by 68% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

China (X tons), Indonesia (X tons) and Vietnam (X tons) were the main destinations of grape exports from Australia, with a combined 55% share of total exports. Japan, the Philippines, Thailand, South Korea, New Zealand, Hong Kong SAR, Singapore, Malaysia, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together comprising a further 43%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea (with a CAGR of +121.3%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Indonesia ($X) and Vietnam ($X) constituted the largest markets for grape exported from Australia worldwide, together accounting for 57% of total exports. Thailand, Japan, the Philippines, South Korea, Hong Kong SAR, New Zealand, Singapore, Malaysia, Taiwan (Chinese) and the United Arab Emirates lagged somewhat behind, together accounting for a further 41%.

South Korea, with a CAGR of +139.5%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average grape export price stood at $X per ton in 2022, shrinking by -1.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2016 an increase of 16%. Over the period under review, the average export prices hit record highs at $X per ton in 2021, and then fell slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per ton), while the average price for exports to the Philippines ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Grape Imports

Imports into Australia

For the fourth year in a row, Australia recorded decline in supplies from abroad of grapes, which decreased by -6.4% to X tons in 2022. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of 12%. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, grape imports dropped to $X in 2022. Over the period under review, imports saw a noticeable reduction. The growth pace was the most rapid in 2017 when imports increased by 30% against the previous year. Over the period under review, imports attained the peak figure at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) was the main grape supplier to Australia, with a 94% share of total imports. Moreover, grape imports from the United States exceeded the figures recorded by the second-largest supplier, Mexico (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the United States amounted to -7.0%.

In value terms, the United States ($X) constituted the largest supplier of grapes to Australia, comprising 94% of total imports. The second position in the ranking was held by Mexico ($X), with a 4.8% share of total imports.

From 2012 to 2022, the average annual growth rate of value from the United States totaled -2.8%.

Import Prices by Country

The average grape import price stood at $X per ton in 2022, approximately equating the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape import price increased by +27.3% against 2020 indices. The growth pace was the most rapid in 2017 an increase of 30%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Mexico amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+10.5%).

Source: IndexBox Platform

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