Australian winemakers shipped just 12 million Australian dollars ($9 million) of wines to China in the December quarter, from AU$325 million a year earlier, industry figures showed, confirming that hefty new tariffs have all but wiped out their biggest export market.
The figures from industry body Wine Australia on Thursday show the swift impact of measures taken by China’s commerce ministry and the country’s anti-dumping probe into imports of Australian wines last year.
In the three months to end-December, the quarter after China said it was investigating the Australians on suspicion of exporting wine at a loss to gain market share, or “dumping,” Australian wine shipments collapsed to almost nothing and stayed there at the start of 2021, the figures showed.
That marked the end of a years-long run of double-digit growth in Australia-China wine exports, by dollar value, which lasted into October before crashing the following month, according to the figures.
For the year to March 2021, sales to mainland China, which takes nearly a third of Australian wine exports, fell 24% to AU$869 million. The next biggest export market was the United Kingdom, up by a third to $461 million as winemakers redirected exports there.
The value of wine exports to the United States rose 4% to AU$432 million in the year to March, the Wine Australia figures showed.
编辑:Frida Xu