CHILE: 2004 wine exports looking good
Chilean wine exports for 2004 are expected to exceed US$800m, according to recent estimates. The president of the association of Chilean wine makers Vinas de Chile, Anibal Ariztia, made the pronouncement on Sunday (28 November).
The positive projections were encouraged by the sector's strong performance in the first nine months of this year. In the period from January to September 2004, wine exports from Chile were up by 25.8% year-on-year, to US$590.7m. In terms of volume, exports for the nine-month period increased by 21.7% to 338.1m litres.
While bottled wine exports increased by almost US$500m in value and 189m litres in volume, a rise of 24.1% and 22.6% respectively, exports of sparkling wine rose by 47.7% to US$1.2m.
Wine prices in the period were up by 3.6% to an average of US$1.75 per litre.
The main export markets for Chile are the US and the UK.
- Ten questions for Diageo - Analysis
- Have spirits companies forgotten the mainstream?
- How craft beer has shattered its US shackles
- Does alcohol accelerate the onset of dementia?
- Ashwagandha - The next functional drinks trend?
- Moet Hennessy unaffected by LVMH Dior buy
- BrewDog moves into spirits with LoneWolf launch
- Portman Group heads to Tesco for new chief exec
- William Grant names Europe & NA Travel Retail head
- Johnnie Walker Bourbon Cask & Rye Finish - NPD
- Global Scotch insights - market forecasts, product innovation and consumer trends
- Global Champagne and sparkling wine insights - market forecasts, product innovation and consumer trends
- Battle of the Generations - The fight for iGen, Millennial, Gen X and Baby Boomer consumers
- Craft Beer: Coming of Age or Past Its Prime?
- Myanmar - ISA Country Report