Key Market Indicators
Australian grape consumption is predicted to drop to 90,000 metric tons by 2026, a 2.5% decrease from the current 104,000 metric tons. Since 2017, consumption has increased by 1% year on year. In 2021, Australia ranked 42nd, with Tunisia overtaking it. The United States, India and Iran came in second, third and fourth respectively. Australian grape production is expected to reduce to 1.55 million metric tons by 2026, down 0.4% from the current 1.59 million metric tons. Since 1966, Australian production has decreased by 2.2% on an annual basis. In 2021, Australia ranked 13th, with Uzbekistan coming in ahead. Italy, the United States and Spain ranked second, third and fourth respectively.