Australia and Oceania: Grape Wine Spirits Market 2024

Grape Wine Spirits Market Size in Australia and Oceania

The grape wine spirits market in Australia and Oceania reached $X in 2022, picking up by X% against the previous year. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2020; however, from 2021 to 2022, consumption failed to regain momentum.

Grape Wine Spirits Production in Australia and Oceania

In value terms, grape wine spirits production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

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Grape Wine Spirits Exports

Exports in Australia and Oceania

For the seventh year in a row, Australia and Oceania recorded decline in overseas shipments of spirits obtained from distilled grape wine or grape marc, which decreased by X% to X litres in 2022. In general, exports showed a abrupt decrease. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X litres. From 2016 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, grape wine spirits exports reduced to $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, the exports attained the peak of $X. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The shipments of the one major exporters of spirits obtained from distilled grape wine or grape marc, namely Australia, represented more than two-thirds of total export.

Australia was also the fastest-growing in terms of the spirits obtained from distilled grape wine or grape marc exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) also remains the largest grape wine spirits supplier in Australia and Oceania.

From 2012 to 2022, the average annual growth rate of value in Australia was relatively modest.

Export Prices by Country

In 2022, the export price in Australia and Oceania amounted to $X per litre, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a strong increase. The pace of growth was the most pronounced in 2016 when the export price increased by X% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Australia.

From 2012 to 2022, the rate of growth in terms of prices for Australia amounted to X% per year.

Grape Wine Spirits Imports

Imports in Australia and Oceania

In 2022, the amount of spirits obtained from distilled grape wine or grape marc imported in Australia and Oceania reduced to X litres, falling by X% compared with 2021 figures. In general, imports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X litres in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

In value terms, grape wine spirits imports expanded rapidly to $X in 2022. Total imports indicated a tangible increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. The level of import peaked at $X in 2015; however, from 2016 to 2022, imports failed to regain momentum.

Imports by Country

Australia was the key importer of spirits obtained from distilled grape wine or grape marc in Australia and Oceania, with the volume of imports resulting at X litres, which was near X% of total imports in 2022. It was distantly followed by New Zealand (X litres), achieving a X% share of total imports.

Australia was also the fastest-growing in terms of the spirits obtained from distilled grape wine or grape marc imports, with a CAGR of X% from 2012 to 2022. New Zealand (X%) illustrated a downward trend over the same period. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Australia ($X) constitutes the largest market for imported spirits obtained from distilled grape wine or grape marc in Australia and Oceania, comprising X% of total imports. The second position in the ranking was held by New Zealand ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Australia totaled X%.

Import Prices by Country

In 2022, the import price in Australia and Oceania amounted to $X per litre, with an increase of X% against the previous year. Import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, grape wine spirits import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of import peaked at $X per litre in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was New Zealand ($X per litre), while Australia totaled $X per litre.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (X%).

Source: IndexBox Platform

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