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Australian wine exports resilient

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Australian wine exports fell by 4 per cent in value in the 12 months to March 2021, compared with the previous corresponding period. This was mainly caused by the toll taken by high Chinese import tariffs, according to Wine Australia’s latest Export Report .

Export volume declined by 1 per cent to 724 million litres (80 million 9 litre case equivalents). The average price per litre for wine exports declined by 3 per cent to $3.82 free on board (FOB).

The Wine Australia Chief Executive Officer said that the decline in exports was due principally to a steep decline in exports to mainland China, as well as the cumulative effects of three consecutive lower vintage in Australia meaning lower volumes available to export.