Wine Industry Insights (September 2023) Part 3 – Oversupply momentum to prolong wine sector's challenging times

In part three of the latest Wine Industry Insight, Tim Mableson, Andreas Clark and George Choimes take a look at the scope of the wine oversupply and macroeconomic outlook, as well as discuss how wine businesses can prepare for the challenging times ahead.

So far in the September 2023 Wine Industry Insights, we examined the wine industry’s inventory levels and detailed the state of the export and domestic wine market noting a structural oversupply of wine exists in Australia. In this final part of our three-part series, we look into how the oversupply is impacting prices for grape supply and bulk wine and consequently impacts to values of inventory and vineyards, and therefore what growers and producers can do to ride it out. Wine Grape Price...

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Authors: Tim Mableson, Andreas Clark,

George Choimes

Published Date: 21 September 2023

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