Australian Wine Exports Fall to 22-Year Low Amid Declining Global Demand
Australia's wine export volumes have dropped to their lowest level in 22 years, according to new data from Wine Australia. In the year ending June 2026, exports fell by 6% to 598 million litres — the first time since 2004 that annual volume has dipped below 600 million litres. The decline was accompanied by a 7% drop in export value to A$2.3 billion ($1.59 billion), reflecting weaker demand across key markets. The downturn is attributed to declining global wine consumption, now at its lowest since 1961, and shifting consumer behavior. Australia's three largest export destinations — mainland China, the UK, and the US — all saw significant declines in volume. Mainland China remained the top market by value despite a 15% drop in exports. In contrast, Canada showed growth with a 20% increase in export value. Wine Australia noted that premium wines have been more resilient than mid-priced offerings, particularly in the UK and Asia-Pacific markets outside of mainland China.
Topics: Australia trade global consumption decline wine exports