premium wines | Chilean Wines

The challenge of wine in front of new millennial consumers

September 25, 2018

In Chile, in the last 10 years, the per capita consumption of wine has registered a stagnation, in contrast to categories such as beer, which have shot up to the eaves of a young audience that looks for other products. Given this, the wineries have opted to strengthen their liquor distribution business, along with developing brands that aim to captivate the millennial consumer. Learn more about chilean premium wines in www.cortahojas.com Although, the wine industry has been trying for some…

Harvest of 2016 and 2017 passing the bill to the wine industry

September 10, 2018

Cortahojas Wines

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…

Chilean export wine: shipments increase to China and Brazil in the first half of 2018

September 3, 2018

Cortahojas Wines

In the first semester of 2018, Chilean wine closed with an increase in the value of the average price of its exports, driven by growth in the Chinese and Brazilian markets. In the first six months of the year, China and Brazil were the countries that showed the most dynamism, growing in volume by 9.4% and 6.6%, respectively. During the first semester, bottled wine achieved an increase of 4.77% in value and stability in volume (-0.53%), with respect to the…

Premium Chilean wines: the new challenges of Chilean wine for export

August 20, 2018

Cortahojas Wines

In Chile, between 2016 and 2017 a series of natural disasters such as frosts, droughts, high temperatures and wildfires of great magnitude affected harshly the Chilean vintages, whose immediate consequence was 30% less collection of grape volume than registered in previous years. To this described situation must be added the complex effect derived from the implementation of the Brexit that -among other things- led to the exit of the United Kingdom from the European Union, and that as a first…