Australian reds such as the famed Cabernet Sauvignon, Merlot, and Shiraz have enjoyed huge popularity with consumers worldwide for centuries. Although their popularity increases each year, they are among the costliest wine offerings available at local auctions. Unfortunately, many people are unaware of these exquisite wines’ availability and value that are often featured at local auctions.
According to the report, the Penfolds Classic Shiraz has increased in value by more than 3% in the last 12 months, and it is the third most popular Australian wine brand at auction. This popular wine from Australia is produced at the prestigious Blackall Vineyard in Victoria, which has long been renowned for its purity. Other top vineyards around Australia include Longreach, Margaret River, and Langford in South Australia.
The report identifies more than 100 different types of Australian wines, most of which are categorized according to the strength of their taste and texture. It also lists them by country of origin. The United States has more than twice the number of Australian wines from both the northern and southern states.
According to statistics, almost two-thirds of all Australian vineyards are located within the state of Victoria. Besides, nearly one-third of all wineries are located within the Barossa Valley region. The two areas produce approximately half of all Australian Shirazes.
Shiraz grapes, which are native to Australia, are considered among the best in the world. It is one of the five major varieties of grape used in the production of Australian wines. They are prized for their firm, green color, intense flavor, and full-bodied aroma. Vela Blanc grapes, a variety found only in Australia’s central part, are highly prized for their tight fibrous texture. It is also the principal grape in the production of the popular red dinkum.
In terms of production, Australia ranks fourth among all wine producers in the world. It is a relatively new wine producer in the wine market for less than a decade. It is still an established and well-known brand in the international wine market, especially in South Asians and Europe. It is worth noting that despite its small size and relatively young age, Australian wines are enjoying a surge in demand that is likely to continue. This is largely attributed to its delicious taste that lies somewhere between Cabernet Sauvignon and Chardonnay.
In the last few years, the demand for Australian wines has grown faster than any other variety in the country. The growing demand is attributed to the increasing popularity of wine, particularly premium wine brands.
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