CHILE: 2004 wine exports looking good

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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.

Sectors: Wine

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