Exports of bottled Chilean wine closed 2017 on the rise. According to the figures handled by exporters, shipments grew 5.8% in volume and 6.4% in value during the past year, compared to 2016. These advances translated into sales of US $ 1,604.5 million.
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According to the data, the growth was due to the strong dynamism of China and Brazil. The Asian country was the market that grew the most in terms of shipments, with increases of 29.3% in volume and 30.1% in value. In this way, China remained the main export destination for the second year in a row, totaling US $ 254 million in sales.
On the contrary, the United Kingdom was the destination that recorded the biggest drop, thus maintaining the downward trend of the last two years. In 2017, exports to the market fell 8% in volume and 9.3% in value compared to the same stretch of 2016. This is due to a complex scenario resulting from the uncertainty caused by Brexit and the devaluation of the pound.
Another market that presented losses was the USA. In 2017, shipments to the northern country fell by 5.2% in volume and 8.1% in value, marking its second consecutive year of decline. The situation keeps the sector on alert, because it is the second largest market for Chilean shipments. From the industry they comment that one of the main challenges for the market is to reposition Chilean wine and resume growth.
The segments that grew the most in 2017 were wines of more than US $ 60 per box, with an increase of 7.6% in volume and 9.9% in value, followed by the segment between US $ 20 and US $ 30 per box, with an advance of 8% in volume and 7.4% in prices. The average export price was US $ 28 per case, a slight rise of 0.6% compared to 2016.
The Chilean strategy is still focused on positioning the products of the premium category in other countries to increase the average prices. All focused on the priority markets such as: China, USA, Brazil, Canada and United Kingdom.
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