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May 30, 2022 View:

Australian Wine Board releases latest wine export report

Exports of Australian wine slowed in the past 12 months to December 2020, according to the latest export report released today (3 February) by the Australian Wine Board. Total exports of Australian wine decreased by 1% to A$2.89 billion due to the impact of China's tariff policy* on imports of Australian wine into the Chinese market.

Image courtesy of: Wine Australia

Meanwhile, total Australian wine exports rose by 0.5% to 747 million liters (equivalent to 83 million 9-litre cases), with the average export value falling by 1% to A$3.87 per liter (FOB).

Despite the impact of the New Crown outbreak, Australian wine exports hit a year-on-year high of A$3.1 billion in the 12 months to October 2020, before a significant drop in exports in the last two months of 2020, according to Wine Australia CEO Andreas Clark. The previous year-on-year high was A$3 billion reached in 2007.

Mr. Clark said that exports rose significantly from August to October, which was mainly in mainland China and the United Kingdom, while the decline in November and December was mainly in exports to China.

Mr Clark said that, unsurprisingly, exports of Australian wine to mainland China fell immediately after the temporary tariff policy** was enacted in November. The sharp decline in export volumes and values in the last two months of the year (see Table 2) also led to a 14 per cent drop in total exports to A$1.01 billion and a 29 per cent drop in volumes to 96 million liters (equivalent to 10.7 million 9-litre cases) in FY2020.

It is expected that the performance of Australian wine exports to China will remain subdued in the coming months and affect the overall export figures for 2021.

Mr. Clark said the decline in exports to China was offset by a significant increase in exports to Europe, with Australian wine exports to Europe up 22 percent to A$704 million, the highest in a decade. Meanwhile, North American exports rose 4 percent to A$628 million and Oceania rose 11 percent to A$115 million.

The wine industry is resilient and is already adapting to these changing market conditions by increasing its participation in markets outside of China, particularly in the UK, US, Canada and its home market of Australia. He said.

Destination Markets

The five destination markets with the highest export value:

Mainland China: down 14% to A$1.01 billion

UK: up 29% to A$456 million

U.S.: up 4% to $434 million

Canada: up 5% to A$192 million

Hong Kong, China: up 27% to A$132 million

The five destination markets with the highest export volumes:

UK: up 19% to 266 million liters

United States: down 1% to 136 million liters

Mainland China: down 29% to 96 million liters

Canada: up 0.3% to 56 million liters

Germany: up 10% to 35 million liters

*** The Ministry of Commerce of the People"s Republic of China (MOFCOM) announced the imposition of a provisional anti-dumping duty margin of 107.1%-212.1% on imports of wine originating in Australia in containers of 2 liters or less, effective November 28, 2020, pending the determination of the final outcome of the anti-dumping investigation against Australian wine (investigation announced in August). December 2020 On December 11, 2020, the Ministry of Commerce of the People's Republic of China further announced the imposition of a provisional countervailing duty margin of 6.3%-6.4% on imports of the wines in question originating in Australia pending the determination of the final results of the countervailing duty investigation against Australian wines.