During the 2018 financial year, Australian exports of wine were worth around 2.5 billion Australian dollars. This represents continued year on year growth over the previous four financial years, following a period in the early 2010s where the industry experienced year on year reductions in export values. Exports are predicted to continue to grow year on year at least until 2023, when values are forecasted to reach over 3.6 billion Australian dollars.
Domestic sales and consumption of wine
Domestic wine sales in Australia were worth 501 million Australian dollars during the 2019 financial year. This represents both an increase from 2018 and a continued year on year upward trend. Consumption of wine per capita has remained largely consistent during recent years. During the 2018 financial year, Australians consumed 13.8 liters of white wine and 10.59 liters of red wine per person, as well as around four liters of other types of wine.
Exports and production
Following an early 2010’s decline, exports of wine from Australia has seen growth in recent years, reaching just over 2.5 billion Australian dollars in the 2018 financial year. This growth is expected to continue, reaching 3.6 million Australian dollars in 2023.
Production of wine reached 622 million liters of white wine and 776 million liters of red wine in the 2006 financial year; this represents a historical high, and production levels have yet to reach these peaks again. However, during the 2019 financial year, production of white wine fell to 514 million liters and grew to 684 million liters of red wine; in the latter case indicating recovery from a 2018 drop in production.
Total value of wine exports from Australia from the financial year 2009 to 2023
(in million Australian dollars**)
*Forecast.
**The dollar figures, including forecasts, are adjusted for
inflation using the current year (FY 2018) as the base year. This removes the impact of changes in the purchasing power of the dollar, leaving only the real growth or decline in industry metrics. The inflation adjustments in this statistic are made using the Australian Bureau of Statistics’ implicit GDP price deflator.
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IBISWorld. (May 31, 2018). Total value of wine exports from Australia from the financial year 2009 to 2023 (in million Australian dollars**) [Graph]. In Statista. Retrieved September 20, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/598247/australia-wine-exports-total-value/
IBISWorld. "Total value of wine exports from Australia from the financial year 2009 to 2023 (in million Australian dollars**)." Chart. May 31, 2018. Statista. Accessed September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/598247/australia-wine-exports-total-value/
IBISWorld. (2018). Total value of wine exports from Australia from the financial year 2009 to 2023 (in million Australian dollars**). Statista. Statista Inc.. Accessed: September 20, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/598247/australia-wine-exports-total-value/
IBISWorld. "Total Value of Wine Exports from Australia from The Financial Year 2009 to 2023 (in Million Australian Dollars**)." Statista, Statista Inc., 31 May 2018, https://www-statista-com.ezproxy.canberra.edu.au/statistics/598247/australia-wine-exports-total-value/
IBISWorld, Total value of wine exports from Australia from the financial year 2009 to 2023 (in million Australian dollars**) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/598247/australia-wine-exports-total-value/ (last visited September 20, 2024)
Total value of wine exports from Australia from the financial year 2009 to 2023 (in million Australian dollars**) [Graph], IBISWorld, May 31, 2018. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/598247/australia-wine-exports-total-value/