Australian Wines Show Lower Shipments, Premium Progress In The U.SFebruary 3, 2022
Australian wine exports slipped 30% to A$2 billion ($1.4b) and 17% in volume to 619 million liters (69 million cases) in 2021, hampered by trade tensions with China and declines in the U.S. and U.K. In the U.S., value fell 7% to A$403 million ($288m) on shipment volume down 8% to 125 million liters (14 million cases), although the category saw improvement in the second half of the year, as well as ongoing premiumization.
Most of the U.S. decline was below A$5 per liter, while exports with an average value above that level rose 13% to $84 million. Exports with an average value of A$10 per liter or more increased by an even healthier 20% to A$48 million ($34m), the highest value since November 2009.—Daniel MarstellerSubscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.
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