In 2023, Australia's grape production stood at 1.5745 million metric tons. From 2013 to 2023, the grape production exhibited varying trends. The highest production was recorded in 2017 with 1.8244 million metric tons, while the lowest occurred in 2020 with 1.5154 million metric tons. The production data reveals some notable fluctuations, particularly the significant growth in 2015 and 2017 and the declines in 2014, 2018, and 2019-2020. Over the last five years, the Compound Annual Growth Rate (CAGR) was -1.09%.
Looking forward, the forecast for the coming years indicates a slight decreasing trend in grape production, with a 5-year CAGR projected at -0.36%. By 2028, production is estimated to reach 1.5392 million metric tons.
Future trends to watch for include potential impacts of climate change, evolving agricultural practices, and potential market shifts that could influence both production volumes and overall market dynamics.
