News

Australia will bring its largest fine wine showcase of more than 100 brands to Chengdu trade shows this March, off the back of a surging demand for premium wine in China

A record 61 Australian wine exhibitors showcased some of the country’s finest wines at China’s leading international wine and spirit expo ProWine China, from 12 to 14 November.

Winners of the seventh annual Wine Australia China Awards were honoured at a gala dinner in Shanghai on 11 November 2019 for championing the Australian wine category in China.  

A big month of China wine events in November 2019 has seen Australian wine producers travel to Shanghai for back-to-back trade and media engagement opportunities.

Australian wine exports to China (including Hong Kong and Macau) have reached a record value of $1.25 billion, an increase of 18 per cent, with average value increasing by 40 per cent to $8.42 per litre FOB in the 12 months to September 2019.

There is considerable uncertainty surrounding the extent and duration of the COVID-19 pandemic in health and economic terms. However, there are some clear trends emerging and what is certain is that businesses will need to be agile and responsive to survive and prosper in this environment.

Wine Australia’s Export Report for the year ended June 2020 shows that despite short supply and COVID-19 restrictions, Australian wine exports experienced only a small decrease in value of 1 per cent to $2.84 billion in 2019–20.

July is the month when the export of current vintage Australian wine tends to start in earnest. This week’s Market Bulletin looks at how conditions on the global bulk wine market in mid-2020 compare with last year.

Shiraz is one of Australia’s most established and loved varieties. It is grown by 4 out of 5 wineries and represents nearly half of red winegrape plantings. This week, we take a look at some of the latest data and trends for Australian Shiraz ahead of the inaugural Shiraz Day on 23 July.

With each new day of the COVID-19 pandemic, more and more information is published on its impacts in our communities and around the world. A substantial amount of information has also been published about the impacts the pandemic has had on wine, the drinks markets and consumer behaviour.