CHILE: Wine export growth favours bulk wines

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Chile's wine export sales grew 1.8% during the first three quarters of the year, while exports volumes grew nearly 16.5%. The increase in volume outweighed sales growth because new exports favoured low-priced bulk wines, according to Chilevid, the trade association representing Chile's emerging wineries.

During the period, bottled wine exports grew just 0.69%, while exports of bulk wines grew 12.13%.

The preference for bulk wines led to a drop in the average price of export wine from US$2.19 to US$1.93. Prices remained stable in the past few months, Chilevid representatives said.

Export sales reached US$426.5m during the year to September, compared to US$418.8% during the same period of 2000, according to figures released by Chilevid early November.

Chile exported 221.5m litres of wine during the period, compared to 221.5 litres in 2000.

Chilevid wineries saw their export sales grow 17.2%. They sold US$36.3m in the first three quarters of this year, compared to US$31m in the same period of 2000.

The 20.7m litres of wine that these smaller wineries exported was a 50.9% increase in volume.

To view related research reports, please follow the links below:-

Wines & Spirits in Chile
The World Market for Wine 2001

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