According to the latest Ciatti Report, hesitant consumer spending continues to be dampened by U.S. import tariffs and ongoing economic uncertainty. Buyers should consider securing Chilean wines, as prices are expected to continue rising due to a harvest that came in roughly 25% below average.
In South Africa, the harvest met expectations: all wines are available, quality is high, prices are stable and competitive, and potentially negotiable for larger volumes.
Australia is experiencing solid demand. The return of mainland China as a buyer (+94 million liters) increased total export volume by 6% in the twelve months up to March.