Wine exports in Chile rise 51.6% in April

Published Jun 7, 2024

Tridge summary

In April 2024, Chile saw a significant increase in wine exports, with a 51.6% rise in volume and a 36.2% increase in value compared to April 2023, amounting to 71.8 million liters and USD 142 million FOB respectively. The increase was evident across various categories, including wines with Designation of Origin, bulk wine, and wines in containers of different sizes. From January to April 2024, there was an overall growth of 18.9% in volume and 10.7% in value in exports compared to the previous year. However, the cultivated surface area for winemaking slightly decreased by 0.8% in the 2022 National Wine Registry, with red varieties covering 73.63% and white varieties 26.37% of the surface area. The largest planted area was for Cabernet-Sauvignon. The wine stock report for December 31, 2023, showed a 6.2% increase in stock compared to the previous year, reaching 1,501.1 million liters. Conversely, the wine production report for 2023 revealed a decrease of 11.4% in total wine production, reaching 1,103 million liters.

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

Original content

In April 2024, total wine exports reached 71.8 million liters, for a total of USD 142 million FOB, which represents an increase of 51.6% in volume and 36.2% in value in relation to April 2023. Of the total exported in this period, 34.2 million liters correspond to wine with designation of origin, worth USD 106.9 million FOB. These figures represent an increase of 47.3% in volume and 38.7% in value. The average price of the category for this period reaches USD 3.12 / liter, which means a decrease of 5.8% compared to the same period in 2023. Regarding bulk wine, in April 2024, 30, 8 million liters for a total amount of USD 21.7 million FOB, these values represent an increase of 49.4% in volume and 8.4% in value compared to March 2023. Exports of wines in containers smaller than 2 liters, containers between 2 and 10 liters and sparkling wines presented an increase in exported volume and value compared to the month of April 2023. In the period January-April 2024, an increase in ...

Source: Portaldelcampo