The market for Chinese wine imports halved in 2022. As would-be exporters watch with concern, the acquisition of Summergate and now Torres China by a fast-growing, but previously little-noticed, Chinese business changes the nature of the market. Robert Joseph reports.
Following the collapse of its Chinese market, Australia has been forced to adapt its strategy and target emerging Asian markets. Peter Douglas reports.
The loss of its Chinese market has come as a big blow to Australia, but as Robert Joseph reveals after studying the newly-published Wine Australia report, this is only one of its problems.
In the annual report on the global wine industry, the OIV highlights significant shifts taking place. Germany is no longer maintaining its position as the world's leading importer, and a new export champion from the New World has emerged. Clemens Gerke reports.
It’s got a wine-growing history that dates back to the Roman world. It’s got more than 220 authorised grape varieties over 55,000 hectares of vineyards, and it’s one of the most exciting wine-growing countries in Europe.