The South Australian Government has announced a $3.9 million support package for local wine exporters over the next two years. The program, which will be developed in partnership with the South Australian wine industry, will focus on delivering strong commercial outcomes and building South Australia's recognition...
Whilst the EU was hopeful that wine and spirits would be excluded from the 15% tariff outlined by Trump, it has now been confirmed that these products will also be subject to the same rate. With the US the largest market for many European wine and...
The 2025 Australian winegrape crush is estimated to be 1.57 million tonnes, 160,000 tonnes (11 percent) more than the 2024 crush, but 140,000 tonnes below the 10-year average of 1.71 million tonnes. The 2025 crush equates to around 1.1 billion litres of wine, which is in...
The Australian government has announced an additional $1.1 million boost to the $3.5 million Grape and Wine Sector Long-term Viability Support Package, aimed at supporting the resilience of the sector following the oversupply of red wine. This funding will support additional international market access and trade...
Recent research shows that in 2024, whilst wine consumption volumes declined by 3% to 2.3 billion 9-litre cases in 2024, the total value increased by 1% to US$191 billion, with both volume and value forecast to reduce slightly by 1% per year through to 2029. These...
The European Union (EU) exported $52billion (AUD) worth of alcoholic drinks to non-EU countries, with wine constituting the lion's share, constituting a 56.2% share of this total, followed by spirits/liqueurs with 29.7% and beer at 11.5%. France was the biggest exporter, responsible for a massive 40.6%...
A French scheme, which aims to facilitate the export of wines and spirits to the United States, has been approved by the EU for funding up to $5.6 billion. This scheme utilises a re-insurance mechanism, which provides short-term guarantees to companies that provide insurance against commercial...
The year 2024 saw global wine consumption hit its lowest consumption level in 60 years, since 1961. This decline can be attributed to numerous economic and geopolitical factors, such as inflation and global uncertainty, as well as an evolving market shaped by changing lifestyle preferences,...
With 80% of New Zealand's wine grown and produced in Marlborough, the new Riverlands facility 'Honomai' is ideally positioned to become an invaluable resource for the region's exporters, importers and logistics operators. Consisting of a 5,000 square metre warehouse and storage space for 350 empty and...
New Zealand (NZ) wines have once again recorded growth in the United States in 2024, marking their 16th consecutive year of expansion in this export market. Among the top ten countries supplying wine to the U.S., New Zealand was the only nation to post a...