wow the important thing to notice in this comment is the global supply... as can be seen that Australian supply % reduce by 7% from 2022 to 2023 which means there is 7% increase somewhere else .. lol...
Also if you look closer then this change is largely due to America increasing supply by 6% followed by Argentina between 2022 to 2023 based on below graph... !
Note: I didn't verify the source as simply making comment what is shared here .. so DYOR ... !
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