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Slump in exports and domestic sales cause massive glut of Australian wine
More than 2 billion litres of unsold Australian wine is sitting in storage following a record 2021 vintage and a slump in exports and domestic sales.
Growing wine exports to China are a driving force behind new data that suggests the value of Australian wine exports has grown by 5% to $…
Here’s something for Australia’s winegrowers to toast to – the average price of exported wine has finally risen and red wine is provin…