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

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

The Australian wine of fresh grapes market fell to $X in 2022, waning by -1.8% against the previous year. In general, the total consumption indicated a resilient expansion from 2012 to 2022: its value increased at an average annual rate of +6.1% 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 +22.4% against 2020 indices. As a result, consumption reached the peak level of $X, and then reduced in the following year.

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

In value terms, wine of fresh grapes production declined to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.6% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 when the production volume increased by 15%. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Australia

In 2022, wine of fresh grapes exports from Australia was estimated at X litres, standing approx. at the previous year. Overall, exports, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2015 with an increase of 9.6% against the previous year. The exports peaked at X litres in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports fell to $X in 2022. In general, exports, however, showed a perceptible descent. The most prominent rate of growth was recorded in 2017 when exports increased by 19% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X litres), the United States (X litres) and Canada (X litres) were the main destinations of wine of fresh grapes exports from Australia, together comprising 68% of total exports. New Zealand, the Netherlands, Belgium, Denmark, Japan, Germany, Hong Kong SAR and China lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +3.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wine of fresh grapes exported from Australia were the United States ($X), the UK ($X) and Hong Kong SAR ($X), together comprising 49% of total exports.

In terms of the main countries of destination, Hong Kong SAR, with a CAGR of +4.1%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, which is down by -11.3% against the previous year. Over the period under review, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of +1.0% 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 decreased by -19.2% against 2019 indices. The pace of growth was the most pronounced in 2018 when the average export price increased by 34% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per litre), while the average price for exports to Belgium ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Australia

In 2022, approx. X litres of wine of fresh grapes (except sparkling wine) were imported into Australia; picking up by 7.9% on 2021. Overall, imports, however, showed a slight reduction. The pace of growth was the most pronounced in 2020 when imports increased by 22%. Over the period under review, imports attained the maximum at X litres in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, wine of fresh grapes imports rose markedly to $X in 2022. The total import value increased at an average annual rate of +2.1% over the period from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 11%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, New Zealand (X litres) constituted the largest wine of fresh grapes supplier to Australia, accounting for a 62% share of total imports. Moreover, wine of fresh grapes imports from New Zealand exceeded the figures recorded by the second-largest supplier, France (X litres), fourfold. Italy (X litres) ranked third in terms of total imports with a 9.2% share.

From 2012 to 2022, the average annual growth rate of volume from New Zealand totaled -2.4%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+3.1% per year) and Italy (+0.1% per year).

In value terms, New Zealand ($X) constituted the largest supplier of wine of fresh grapes (except sparkling wine) to Australia, comprising 53% of total imports. The second position in the ranking was taken by France ($X), with a 23% share of total imports. It was followed by Italy, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from New Zealand stood at -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+8.1% per year) and Italy (+8.9% per year).

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, standing approx. at the previous year. Overall, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 import price increased by +18.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 53%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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