Chile’s wine industry is estimated to have grown 7-8% in 2003, according to the president of Chile’s export wine producers association, Rodrigo Alvarado.


Alvarado said the final figures for exports in November and December were not yet available, but that he was confident that they would be similar to or higher than the figure for October.


“If this is the case, we’d be looking at a total of around US$670m or 400m litres, which is very positive and better than we were expecting a couple of months ago,” the exporters’ spokesman said.


Alvarado said the Chilean wine industry remains on course to meet its aim of breaking the US$1 billion export barrier by 2010. Reaching this goal will require annual growth of around 6%.


Alvarado also added that he was confident that the price of bottled wine for export would increase next year from its current average of US$22 per case.
 
“I hope that the price will rise next year because the influence of premium and super premium wines will be felt more in the sector, and these wines attract average prices of US$40 per case,” he said.

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