Export market for White Wine in New Zealand (11월, 2022)

The report highlights a decrease in Australia's wine production, leading to an increase in national wine inventory for the second year in a row. The total sales volume of Australian wine in 2021–22 saw a reduction of 9%, with domestic sales making up 41% of total sales. The average value of domestic sales increased by 3%, while the average value of still white wine exports grew by 5%. However, still red wine exports experienced an 11% decrease in average value. The inventory of Australian wine as at 30 June 2022 increased by 8%, with red wine stocks rising by 16% and white wine stocks decreasing by 2%. Challenges such as transportation issues and potential headwinds due to inflation and interest rates are expected to impact the wine industry in the coming year. Additionally, the report discusses the potential effects of weather patterns and capacity limitations on the 2023 vintage.