Australian wine production area planting person: lost the Chinese market, "I lost the motivation to plant land"

Australia's "Sydney Pioneer Morning News" July 24 article, original title: Meeting grape growers who are still trying to deal with Chinese tariffs will be the 40th anniversary Can't celebrate. A month ago, he sold his two vineyards. Like thousands of growers in the main inland wine area in Australia, he has been difficult to maintain a balance of revenue and expenditure since China acquiring high tariffs in the past two years. "Honestly, I have lost the motivation to plant land in the past two or three years," Bellato said, "For me, this is no longer an enjoyable profession."

Australian wine area. Picture source: Visual China

Judging from the number of vineyards sold by other listed sale, Bellato's counterparts also thought so. They are considering the consequences of being hit by Beijing trade -almost overnight to enter the channel of $ 1.2 billion. The world's second largest economy has accounted for 40%of Australian wine exports. But since November 2020, wines sold to Chinese people have no sales at all. The export volume plummeted by 628 million liters, exceeding the total consumption of the Australian domestic market (500 million liters). Industry companies closed the door in 2021 with a big harvest of grapes. In the past season, some growers can only let the grapes rot after harvesting, because there are no buyers and have nowhere to store it. Plantors can only weigh whether they still choose to withdraw like Bellato for a few years. The person in charge of the Australian Wine Association Batuglin said, "In 2023, a lot of people may decide to withdraw, and everyone who is engaged in exports is under pressure."

The price is greater than the price of low -Australian commercial red grapes, and now the planting cost has exceeded the price paid by wine brewers. Bellato's cost of planting a red grape is $ 8,000, but he is expected to receive a return of $ 45,000 per hectare. The prospect of next year seems to be even more dim. Big winemakers told grape growers that the purchase volume next year will be only half of the normal value. Powers who have signed the acquisition contract can also reluctantly cope with, but others are unsustainable. Meblson, director of KPMG wine consulting, said: "In the short period of medium (situation), it is impossible to improve, because the export market of China will not recover in foreseeable future." China's tariffs are the Australian generation grape growers and the grape manor owner The chapters have ended the end of the chapter and led to a long -lasting change in the industry pattern. (Author Jessica Yun, Cui Xiaodong Translation)

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