In the 12 months to 30 September 2015, the value of Australian wine exports rose 8 per cent to A$1.96 billion, the strongest rate of growth since export value peaked in October 2007 according to the Export Report September 2015 released today by Wine Australia.
Wine Australia’s Chief Executive Officer Andreas Clark said, ‘these export results are unambiguously good news for our grape and wine community. Clearly it’s still early days and the improvement we’ve seen in exports in the last 12 months hasn’t yet flowed through to the grape growing community at large but there are pockets of growers who reported improved prices in vintage 2015 and we hope to see this trend continue next vintage.’
Asia, now the number one region for Australian wine exports by value grew 31 per cent to a record A$644 million. China again saw the strongest growth rising 47 per cent in value to a record A$313 million driven by demand for wines in the higher price points with exports to China above A$10 now worth A$116 million to the Australian wine sector.
The UK remains Australia’s biggest export market by volume up 2 per cent to 250 million litres however value declined 2 per cent to A$370 million. The drop in value can be attributed to the 5 per cent decline in the value of bulk wine exports to A$215 million. There was a small rise at the higher end with the value of bottled exports up 3 per cent to A$156 million.
Exports to Germany increased in value 10 per cent to A$51 million while exports to Finland, where Wine Australia recently hosted trade and consumer tastings as part of the annual Nordic Roadshow increased 12 per cent to A$15 million.