Since 2020, the value of sake exports has almost doubled, with the category achieving a compound annual growth rate (CAGR) of 14% over the past five years.
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The export curve of Austrian wine suffered a blip in 2024. After particularly strong growth in 2023, total export value for the first three quarters of 2024 sank 5.1%, while the export volume remained almost steady.
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Australian wine exports surged in the 12 months to September 2024, with value rising 34% to AU$2.39bn and volume up 7% to 643 million litres, according to Wine Australia’s latest report. These figures represent the highest levels since August 2021, mainly driven by a strong return to the Chinese market after it removed import duties on Australian bottled wine in late March 2024.
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The value of New Zealand wine in international markets has reached a record-breaking high, New Zealand Winegrowers (NZW) has revealed, with exports for the past 12 months reaching NZ$2.03 billion.
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International demand for New Zealand wine has surged over the past decade, with total export value now reaching a record-breaking NZ$2 billion in 2020.
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