Wine Report: Australia 2023

The 2023 Australian Wine Report provides an overview of the Australian wine industry. The report commences with a summary of the industry in terms of surface area, production, consumption and exports. It outlines the major Australian wine regions and grape varieties and provides a taste profile of Australian wines as well as how Australian wines are positioned in the global marketplace. The report covers the main trends in the Australian wine industry including (1) diversification to other markets after China imposed tariffs on Australian wine, (2) growing exports to Asian markets, and (3) the focus on the young domestic market in Australia as a source of growth in wine consumption. The report also provides insights into the regulations and procedures to export Australian wine and concludes with an outlook of the Australian wine industry for the remainder of 2023.