Forecast: Table Grapes Supply in Australia

The table grape supply in Australia stood at 216.99 thousand metric tons in 2023. Over the past decade, the supply has shown fluctuations with notable increases in 2014 (10.56%) and 2018 (16.28%) contrasted by decreases in 2016 (-2.87%), 2020 (-7.28%), and 2021 (-2.55%). The year-on-year variation from 2022 to 2023 was a modest increase of 0.93%. The compound annual growth rate (CAGR) over the last five years (2018-2023) was -0.66%, indicating a slight decline. However, forecasting data suggests a recovery, with an anticipated CAGR of 0.7% over the next five years, projecting a supply of 226.82 thousand metric tons by 2028.

Future trends to watch for include:

  • Climate change impacts on grape yield and quality.
  • Technological advancements in agriculture influencing productivity.
  • Changing consumer preferences and demands within domestic and international markets.
  • Effects of governmental policies and trade agreements on export potentials.

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