Australian wine exports booming in China

Australian wine exports to China (including
 Hong Kong and Macau) increased by 51% for the year to March 2018, totalling $1.04bn – a first for exports to a single country – according to data released by Wine Australia.

Wine Australia CEO, Andreas Clark said the 12 months to March saw exports increase by 16% in value to reach $2.65bn, the highest value in a decade.

Clark also announced thatvolumes increased by 10% to a near-record level of 94, nine litre cases.

Clark said that as value growth outpaced volume growth, the average value per litre of all Australian wine exported increased by 5% to $3.14 per litre. 

The value of bottled wine exports also increased by 15% to $2.15bn, while the average value of bulk wine rose by 8% to $1.05 per litre, both their highest values since 2009. 

Higher value wine exports also grew substantially with exports of wine above $10 per litre reaching a new peak of $779m for the year to March 2018.