Wednesday, May 4, 2011

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CHILE: GROWING expoter of WINE

Expot WINE GROWING
"March showed a significant growth in volume, influenced by the basis for comparison with the same month last year. At the same time, observed a rise in average price due to the effect in the mix that caused the loss of competitiveness of low-priced wines that originates from the Chilean peso and the increase in raw material costs. This has also affected sales of bulk wine, which has been forced to raise prices
with the loss of volume, "said René Araneda, President of Wines of Chile AG
Bottling shows a rise in March 37.5% by volume (3.9 million cases) and 47.9% in value (U.S. $ 112 million), although the base is particularly low in March 2010. The average price was again a slight increase and exceeded $ 28.5 per box. The cumulative 12 months grew 13.5% in volume and 15.2% in value, reaching 49 million cases and U.S. $ 1,337 million. The average price increased by 1.5% and reached U.S. $ 27.3 per box. Bulk
The highest average price (U.S. $ 0.97 / liter), 54% higher than March 2010, causing a fall of 47.2% in volume and 18.6% in value, totaling 14 million liters and $ 14 million. During the first three months of the year the trend is similar, with falls of 51.6% in volume and 30.7% in value, but with a 41.9% increase in average price (U.S. $ 0.88 / liter) . Accumulated in 12 months the decline in volume is 27.7% and the value of 3.4% to U.S. shows in March from 40.4% growth in volume and 50.5% in value. The price grows 7.2% and reached U.S. $ 28.96 per box. The cumulative 12 months showed an increase of 5.5% in volume and 7.2% in value to reach 7.9 million cases and $ 218 million.
UK falls 2.6% in volume during the third month of the year (655 thousand cases), while growing 7.6% in value, reaching U.S. $ 15 million. Accumulated in 12 months shows a volume of 10.3 million cases and $ 216 million, 3.6% and 7.1% over the previous period. The average price rose by 3.4% and reached U.S. $ 21.04 per box.

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