Some hope amid challenging environment for wine exports
Promisingly, exports to the US have grown eight percent in value compared to Q3 2022, and emerging Asian markets continue to grow.
Source: theshout.com.au
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Wine exports still in decline despite hope in emerging markets | Queensland Country Life
Australian wine exports are continuing their downward trend in both value and volume.
Source: queenslandcountrylife.com.au
Weight still placed on imported LNG
Vietnam’s growing dependence on imported liquefied natural gas could cause a hike in power production costs.
Source: vir.com.vn
Australian Wine Industry Hit By China's High Tariffs
Australia's wine industry faces severe oversupply problems that will need years to resolve, experts say, pointing to Chinese tariffs, high production and export...
Source: hospitalityireland.com
Australia's wine industry grapples with oversupply issues amidst Chinese tariffs and pandemic disruptions
The wine sector in Australia is confronting a significant and persistent oversupply issue that experts believe will take years to fix. The challenges are multifaceted, with Chinese tariffs, heightened production, and export hindrances during the COVID-19 pandemic among the contributing factors.Australian wine exports registered a decline of 10% in value, reaching A$1.87 billion, and a
Source: wfin.com