CHILE: Wine exports up in year so far – figures
Chilean wine exports have risen in both volume and value terms in the first five months of 2008, according to local reports.
Without citing a source, local news service BIS said today (4 July) that exports in value terms rose by 14% on the corresponding period a year ago, to US$537.1m. In volume terms, exports were up by a less impressive 4% to 239.2m litres.
While bottled wine exports increased by 12.6% in value and 1.6% in volume to $449m and 136m litres respectively, bulk wine shipments climbed by 15.1% in value terms to $64m.
For the 12 months to May, bottled wine exports rose 22.6% to $1.13bn and by 13.1% in volume to 355m litres, the news service added.
A deteriorating global economy means those who have invested heavily in developing Chile’s wine industry face an uncertain future, writes Chris Losh....
- Will US consolidation leave craft alcohol exposed?
- Are consumers getting tired of consuming?
- Brown-Forman's march on premium whisk(e)y -Comment
- Should Boston Beer Co put up the For Sale sign?
- Where does AB InBev see the future of beer?
- Brown-Forman to buy BenRiach Distillery Co
- AB InBev snaps up Italy's Birra del Borgo
- Smirnoff Ice Electric flavours - NPD
- US craft beer to hit saturation soon - Koch
- Bacardi rolls out new global Martini ad - video
- Global Scotch whisky insights - market forecasts, product innovation and consumer trends
- Consumer and Market Insights: Wine Market in China
- Global non-Scotch whiskies insights - market forecasts, product innovation and consumer trends
- What Next for Beer and Brewers Following the MegaBrew Deal?
- Emerging Drinks Industry Trends