By Annette Shailer
A report by the Australian Wine and Brandy Corporation (AWBC) has found Australian wine exports have declined in volume, average price and value in the 12 months ending November.
The wine export approval report shows a 13 per cent decline in the volume of Australian wine exported and a 6 per cent decline in the average price to $3.59 per litre.
Despite a total value fall of 17 per cent to $2.49 billion, the November MAT (moving annual total) figure of 695 million litres was 2 million litres up on October.
Standout export destinations include China, Denmark and Hong Kong, with positive price outcomes also recorded in shipments to New Zealand, France, Germany, Sweden and Japan.
China increased three places in the period to become Australia’s fifth most valuable export market.