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Australian wine exports up 10%

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Australian wine exports increased by 10% in value last year. Export volume also rose 5% in 2018, according to the latest figures by Wine Australia.

“These figures demonstrate strong international demand and they highlight how Australian wine exporters have worked diligently to develop and maintain international markets”, said Andreas Clark, CEO of Wine Australia.

“This demand translated into growth in almost all price segments”, he said.

Bottled wine shipments increased by 7% in value to AU$2.24 billion and decreased in volume by 3% to 361 million litres. The average value of bottled wine grew by 10% to a record AU$6.20 per litre FOB.

Encouragingly, the value of exports above AU$10 per litre grew by 22% to AU$895 million, higher than the value of exports in the AU$2.50–4.99 per litre segment. Historically this segment has been the largest for exports. This suggests that Australian wine exports are growing in the premium markets.