Wine Industry Insights (September 2023) Part 2 – Waning demand compounds challenges ahead

Latest trends and data indicate that Australian wine makers cannot depend on China opening up or the domestic market consumption to grow. Tim Mableson, Andreas Clark and George Choimes discuss their findings in part two of the latest Wine Industry Insight.

As outlined in Part 1 of our September 2023 Wine Industry Insights, Australia’s wine industry is facing an oversupply problem even amidst a lower yield in Vintage 2023. In Part 2, we uncover yet another challenge for the industry, as China’s potential relaxing of tariffs on Australian wine might not bring the relief many in the industry might be expecting with respect to addressing the oversupply and improving profitability. China market Before the imposition of the tariffs on Australian w...

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Authors: Tim Mableson, Andreas Clark,

Published Date: 14 September 2023