The decline comes amid a broader slowdown in global wine consumption, which Wine Australia says has fallen to its lowest level since 1961. Wine Australia manager market insights Peter Bailey said the challenges facing Australian exporters reflected wider changes across the global wine industry. China slowdown after tariff recoveryMainland China remained Australia’s largest export market by value despite a 15% decline to A$756m. Wine Australia said weaker sales in the UK were concentrated in lower and mid-priced wines, while premium Australian wines had proved more resilient. Singapore became Australia’s largest Asian export market outside mainland China, while Thailand achieved record export values, driven by demand for premium Australian wines.