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Argentina’s Bottled Wine Exports Decline By Volume But Still Show Strong Growth By Value

February 2, 2012

Global bottled wine exports from Argentina last year declined in volume for the first time since 2002, but still enjoyed a double-digit increase in value.

Total bottled wine export volume (excluding bulk) fell 3.1% to 20.8 million nine-liter cases, while shipment volume to the United States—the category’s leading export market—grew by only 2% to just over 7 million cases.

By value, Argentine bottled wine exports rose by 14% globally and by 12% in the U.S. The super-premium segment demonstrated the strongest global value growth (albeit from relatively small bases), with bottled wines in the $40-$90 range increasing by 33% and the $90-and-above priced wines rising by 42%.

 

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