The weak vintages of 2016 and 2017 added to the lower exchange rate, affected the profits of the wine companies in the first half of 2018, despite the sales strategies to make the business profitable.

The first six months of the year were complex, mainly for the wine companies that are in the stock market. In summary, they experienced a 7% drop in profits in the same period last year.

According to the information of the sector, the main determinant that caused this fall was the higher cost of the grape to make wine. This situation shows that the weak harvests of 2016 and last year continue to pass the bill to the local wine industry. Another aspect that caused problems for companies in the first half was the lowest rate of change compared to the first six months of last year. These factors were more influential than the efforts made by some companies to make their business profitable and, specifically, raise unit prices.

Chilean export wines, mainly Premium wines, have characteristics that make them unique. Today, people – anywhere in the world – can find a Chilean wine and enjoy it. In a transversal way, consumers value the quality and diversity of both red and white Chilean wines.

To understand Chilean wines well, two key regions in Chile must be considered, one of which is the Maule region (where the company Corta Hojas is located) and the Bío Bío Region, where in the 16th century the Spanish conquistadors and missionaries planted the first vines.

If you take a tour through the south center of Chile you can find vineyards of very old vines, which can easily exceed 100 years of age. Many of these vines are grown just as those first missionaries did, without wires or irrigation. That is why these areas, whose vineyards receive only rainwater to survive, have the designation dry land inside.
Learn about wine and learn to recognize the quality of Premium Chilean wines. Be amazed by the Chilean wines that CH.com brings to your table.

Prefers Chilean wines of high quality / premium. Find them on our website www.cortahojas.com