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Supply and demand in global wine market balances out as glut eases

The global wine industry is rallying after years of a glut of wine and suppressed prices,  according to a report in the Weekly times.   It referred to Wine Australia, data which shows supply dipping to around 26 billion litres, from a peak of around 29 billion litres four years ago. At the same time, demand […]

Australia’s strategy to push more premium wines is working in the UK and Europe

Australia’s strategy to drive a more premium offer in the UK and Europe appears to be working with the latest set of export figures showing bottled wine is increasing whilst bulk is in decline. Whilst 80% of the wine shipped to the UK from Australia comes in bulk that share declined by 14% in 2016 […]

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