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Australian wine exports drop by two per cent

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The value of Australian wine exports has fallen as more winemakers export in bulk containers, according to a report by the Australian Grape and Wine Authority. Total wine exports dropped by two per cent in volume, to 684 million dollars with an average value of $1.78 billion.

The 2014 Wine Export Approval Report shows that around 60 per cent of wine exports last financial year were in bulk containers, with the remaining wine exported in bottles.

Bulk wine exports increased by 4 per cent, a trend which AGWA’s manager of wine sector intelligence, Peter Bailey, says is growing.

“Exports above $1.50 a litre increased by a 43 per cent, to 41 million litres, and this is branded Australian wine which is being bottled in its destination market,” Mr Bailey said.