Wine Insights September 2024 Part 1 – A changed world for Australia’s wine sector

Despite the recent reopening of the China market that led to a swift uplift in exports, supply and demand imbalances across the globe has left plenty in Australia’s wine sector firmly with a glass half empty view of their prospects.

As spring approaches and the vines start to emerge from their winter slumber ahead of another growing season, it is timely to reflect on the state of play in the Australian wine sector. It is no secret that wine consumption is undergoing a significant transformation, particularly in how and when wine is enjoyed. Health and wellbeing concerns and emerging social settings are leading to less frequent consumption, which are also driving Australian consumers towards better quality wine and wine...

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Authors: Tim Mableson, Andreas Clark,

Published Date: 19 September 2024