Hard times ahead for wine in Chile; climate change hits the industry in northern hemisphere

게시됨 2023년 11월 16일

Tridge 요약

The grape and wine sector in Chile is facing challenges, with a significant drop in exports and slower domestic consumption affecting profits for industry players. The Chilean government is planning a rescue plan to support the industry, but various factors such as forest fires, high interest rates, inflation rates, and the pandemic have had an impact. Despite the difficulties, Chile remains the leading quality wine exporter in South America and ranks fourth globally, although poor weather conditions worldwide are expected to cause a drop in global wine production to a six-decade low this year.
면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Hard times for the grape and wine sector in Chile, with a drastic drop in exports and slower domestic consumption, hitting the profits of both small and large industries and farmers. Wines of Chile announced that exports had fallen 24% in volume and revenue during the first half of the year compared to 2022, and defined the situation as “the most challenging period” and a “new experience for the wine industry” The Chilean government allegedly is planning some rescue plan to help the industry but forest fires, high interest rates, inflation rates and the pandemic consequences have had their impact. CEO Pablo Awad from Vinoteca, which represents overseas several Chilean companies said that ”the current situation of Chile, the increase in costs and the overstocking of many clients with logistics disruptions caused by lesser domestic consumption and a brutal contraction of the Chinese market which for years has been the main drive of the Chilean wine industry. Nevertheless the wine ...
출처: MercoPress

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