Core Viewpoint - Australia's wine exports saw a significant increase in revenue but a decline in volume during Q1 2025, primarily driven by a rebound in the Chinese market, despite overall challenges in other regions [1][2][4]. Group 1: Export Performance - Total export revenue for Australian wine reached AUD 453 million (approximately RMB 2.108 billion), marking a year-on-year increase of 27.1%, while the export volume decreased by 1.3% to 14.2 million liters [1][2]. - Exports to mainland China experienced a dramatic year-on-year increase in both volume and value, with figures showing a growth of 1309.8% and 2334.9%, respectively, although this is compared to a period when tariffs were not in effect [4][6]. - Despite the strong performance in China, exports to other regions showed a decline, with total volume and revenue dropping by 10% and 6.8% year-on-year, respectively [4][6]. Group 2: Market Dynamics - The decline in exports to mainland China on a quarter-on-quarter basis was significant, with volume and revenue falling by 49.7% and 58.4%, respectively, indicating a seasonal dip and high domestic inventory levels [6][8]. - The average price of Australian wine exported to China decreased from AUD 11.46 per liter to AUD 9.47 per liter, reflecting market adjustments [6]. - The Australian wine industry faces considerable challenges in global markets outside of China, which are unlikely to resolve in the short term [4][5]. Group 3: Key Export Destinations - The top five export destinations for Australian wine by revenue in Q1 2025 were mainland China, the United States, the United Kingdom, Canada, and New Zealand, with mainland China accounting for 27.8% of total export revenue [3]. - The export volume rankings were led by the United Kingdom, the United States, Canada, mainland China, and Germany [3].
澳洲酒一季度出口额:同比增长27.1%,但至中国大陆环比下滑58.4%
Sou Hu Cai Jing·2025-05-08 02:05