Wine Industry Insights (September 2023) Part 1 – Production declines as oversupply persists

In the first part of this three-part Wine Industry Insight latest, Tim Mableson, Andreas Clark and George Choimes unpack the issues and factors arising from Wine Australia’s 2023 winegrape vintage report that indicates a lower yield this vintage has not addressed Australia’s wine industry oversupply problems.

To understand the factors that are affecting Australia’s wine industry, we need to keep in mind that the Australian wine industry is broadly split into two categories – the commercial sector and the premium sector. The commercial sector which largely comprises the warm inland irrigated wine regions - Riverland (SA), Murray Darling/Swan Hill (VIC/NSW) and Riverina (NSW) – and accounts for ~68 percent of the national wine grape crush. The enduring hallmark of the commercial sector over the pa...

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Authors: Tim Mableson, Andreas Clark,

Published Date: 07 September 2023