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From 2020 to 2022, the average purchase price per ton for the leading three red wine grape varietals, Shiraz, Cabernet Sauvignon, and Merlot, had been on the decline, with the average price per ton for Merlot falling to around 406 Australian dollars. In 2023, the Shiraz and Cabernet Sauvignon varietals witnessed a slight recovery in average purchase prices per ton; nonetheless, average prices remained relatively low compared to the peaks witnessed in 2020. On the other hand, the average purchase price per ton for the top three white wine grape varietals remained relatively stable during the same time period, encouraging several grape growers to turn their attention to white wine varieties.
Average purchase price of leading grape varieties crushed for wine production in Australia from 2015 to 2023 (in Australian dollars per metric ton)
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KPMG International. (September 20, 2023). Average purchase price of leading grape varieties crushed for wine production in Australia from 2015 to 2023 (in Australian dollars per metric ton) [Graph]. In Statista. Retrieved May 27, 2024, from https://www.statista.com/statistics/1413748/australia-average-purchase-price-of-leading-wine-grape-varieties-timeline/
KPMG International. "Average purchase price of leading grape varieties crushed for wine production in Australia from 2015 to 2023 (in Australian dollars per metric ton)." Chart. September 20, 2023. Statista. Accessed May 27, 2024. https://www.statista.com/statistics/1413748/australia-average-purchase-price-of-leading-wine-grape-varieties-timeline/
KPMG International. (2023). Average purchase price of leading grape varieties crushed for wine production in Australia from 2015 to 2023 (in Australian dollars per metric ton). Statista. Statista Inc.. Accessed: May 27, 2024. https://www.statista.com/statistics/1413748/australia-average-purchase-price-of-leading-wine-grape-varieties-timeline/
KPMG International. "Average Purchase Price of Leading Grape Varieties Crushed for Wine Production in Australia from 2015 to 2023 (in Australian Dollars per Metric Ton)." Statista, Statista Inc., 20 Sep 2023, https://www.statista.com/statistics/1413748/australia-average-purchase-price-of-leading-wine-grape-varieties-timeline/
KPMG International, Average purchase price of leading grape varieties crushed for wine production in Australia from 2015 to 2023 (in Australian dollars per metric ton) Statista, https://www.statista.com/statistics/1413748/australia-average-purchase-price-of-leading-wine-grape-varieties-timeline/ (last visited May 27, 2024)
Average purchase price of leading grape varieties crushed for wine production in Australia from 2015 to 2023 (in Australian dollars per metric ton) [Graph], KPMG International, September 20, 2023. [Online]. Available: https://www.statista.com/statistics/1413748/australia-average-purchase-price-of-leading-wine-grape-varieties-timeline/