WINE AND CHAMPAGNE EXPORTS INCREASE

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Published On : Thu, Mar 13th, 2003
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Chilean wine and champagne exports increased by 6.5 percent in terms of volume in January this year compared to the same period of 2002, the Viñas de Chile winery association reported. The association also said exports in terms of value also registered an increase of 0.88 percent in the first month of 2003 compared to January of 2001, totaling US$47.93 million.

Viñas de Chile said the figures do not necessarily reflect a positive trend for wine exports this year, as most exports correspond to the December period last year.

The ten most important markets for Chilean wine and champagne in January this year were the United States, the United Kingdom, Germany, Sweden, Denmark, Canada, Holland, Japan, Finland and China, which together, totaled US$36.68 million and represented 77 percent of total export figures.

Viñas de Chile comptroller manager, Elizabeth Diaz, said exports of bottled wine increased by 1.25 percent in terms of volume and decreased 1.37 percent in terms of value in January this year compared to the same month of 2002.

“The sector responsible for the increase in exports was bulk wine, which registered an increase of 18 percent in terms of volume to a total of 10.59 million liters and of 22 percent in terms of value to a total of US$4.67 million in the first month of this year compared to January of 2002,” she explained.

Diaz also said that just at the end of the first quarter of this year they will be able to have estimates on how the wine market will behave this year, as what happens in the first month of the year is not necessarily a trend.

SOURCE: EL MOSTRADOR

By Victor Henriquez (skorpio@vtr.net)

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