Argentina - Wine Numbers
Argentina
VINEX Market Research
Latest update December 2015
In 2014, Argentina enjoyed a 1.40% increase in wine production under normal weather conditions. Whereas consumption decreased by 3.96% due to domestic inflation. Affected by domestic exchange rate fluctuations and government regulations, the annual import and export volume slumped by 43.18% and 16.19% respectively.
| Demand and Supply | 2013 | 2014 | % Change |
| Producing Vineyard Area (HA) | 224,063 | 223,580 | -0.22 |
| Wine Grape Crushed (000't) | 2,783 | 2,642 | -5.07 |
| Annual Wine Production (ML) | 1,499 | 1,520 | +1.40 |
| Annual Import (ML) | 88 | 38 | -43.18 |
| Annual Export (ML) | 315 | 264 | -16.19 |
| Domestic Consumption (ML) | 1,035 | 994 | -3.96 |
The top 5 red and white varieties are shown with the grape crush records. An observable trend is that the main varieties took a smaller percentage among grape harvest in 2014, which represents a change in the demand towards commonly grown varieties. The provinces of Mendoza and San Juan contributed over 90% of the planting area and over 85% of total vineyards in Argentina.
| Red / White Grape Crushed | 2013 | 2014 | % Change |
| Malbec (000't) | 364.95 | 348.62 | -4.47 |
| Bonarda (000't) | 256.40 | 242.98 | -5.24 |
| Shiraz (000't) | 156.20 | 147.90 | -5.31 |
| Cabernet Sauvignon (000't) | 139.24 | 126.77 | -8.96 |
| Temoranillo (000't) | 78.69 | 73.95 | -6.02 |
| Pedro Gimenez (000't) | 173.02 | 162.68 | -5.98 |
| Torribtes (000't) | 156.60 | 139.44 | -10.96 |
| Chardonnay (000't) | 74.92 | 69.72 | -6.94 |
| Sauvignon (000't) | 26.65 | 37.18 | +39.51 |
| Chenin (000't) | 33.99 | 32.54 | -4.26 |
The price index among main varieties have indicated a consistent growth trend, explaining the slight increase in production and relatively weak market demand.
The bulk sector also experienced a significant strike from the export conditions which almost halved in amount and suffered a 31.28% reduction in overall value due to the exchange rate fluctuations.
| Bulk Export | 2013 | 2014 | % Change |
| Bulk Export (ML) | 115.03 | 66.70 | -42.02 |
| Bulk Export Price (USD/L) | 0.81 | 0.96 | +18.52 |
(Source: USDA FAS, GTA, )
IMPORTANT INFORMATION
The market data displayed has been assembled from in-market surveys, various published reports and with the assistance of industry experienced confidantes. No trading decision should be based solely on the information provided. You should discuss your specific requirements with a VINEX Regional Manager.
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