Chile: Bottled wine exports grow in volume and value in July

Published 2024년 9월 4일

Tridge summary

In July, Chile's bottled wine exports surged by 38.2% in volume and 25.4% in value compared to the same month in 2023, reaching 5.2 million cases worth US$150 million, the highest since August 2022. Despite this growth, the average price per case dropped by 9.2% to US$28.7. Cumulatively, exports up to July rose by 14.1% in volume and 6.3% in value, totaling 27.1 million cases worth US$747 million. Over the past year, 45.5 million cases were shipped, with a slight volume decrease and a 4.3% value drop. Brazil emerged as a key market with significant growth, while the USA, Japan, and the UK also saw increases. Conversely, China and Canada experienced declines, though South Korea, China, and Canada had the highest average prices.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Bottled wine exports performed well during July, according to figures and analysis provided by Vinos de Chile. According to figures from the association, in July, bottled wine exports reached 5.2 million cases for a value of US$150 million. This means an increase of 38.2% in volume and 25.4% in value, compared to the same month in 2023, and it is the first month since August 2022 that the level of 5 million cases has been exceeded. Meanwhile, the average price was US$28.7/case (-9.2%). Bottled wine exports grow in volume and value during July In the cumulative total up to the month of July, bottled wine exports are up compared to the same period of the previous year, with an increase of 14.1% in volume and 6.3% in value. According to figures from the association, 27.1 million cases have been shipped abroad for US$747 million. “The average price shows a decrease of -6.9% in this period, with US$27.5/case,” they explained. Meanwhile, in twelve months, 45.5 million cases of bottled ...

Source: Portaldelcampo