Argentina exported 61 million liters of wine less in the first 9 months of the year

Published 2023년 10월 10일

Tridge summary

Wine exports from Argentina have experienced a decline, particularly in the fractionated and bulk wine categories. The average price of wine has increased during the January-September period. The drop in competitiveness and decrease in consumption both domestically and internationally are cited as contributing factors to this decline.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Of this total, 14.6 million (77.9%) correspond to fractionated wines (- 26%) and 32.6 million (22.1%) are bulk wines (- 38.9%). The average price of total wine in the accumulated January-September period is 3.53 dollars/liter (+14.1%), reaching fractional wine at 4.24 dollars/liter (+9.7%) and bulk wine at 1 .02 dollars/liter (+20%), so the average price of varietal wines and those without varietal mention has increased. The winemaker and winemaker Alejandro Vigil, in his capacity as vice president of Bodegas de Argentina and president of Wines of Argentina (WofA), told Télam: "The national situation that seriously complicates our competitiveness and the international situation with the decrease in consumption explains to a large extent the current situation." "Without a doubt the loss of competitiveness, especially determined by the exchange rate delay, made us practically disappear from the shelves where our exports were based on boxes (of 12 bottles) from 25 to 45 dollars," ...

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