COLECCIONVINOS While total volume dropped by the drop of bulk bottled up in shipping
THE ART OF COLLECTING WINE
Thursday, May 5, 2011
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While total volume dropped by the drop in bulk, bottled up in shipping
goal of exporting more wine to higher prices The wine industry is adding more value to their exports, as inferred from the figures for January to March this year.
is that while the total export volume fell 17% (previous quarter closed the 147.7 million liters), the amount of shipments increased 14.2% to reach U.S. $ 361 million.
Basically, the explanation actually happens, first, by falling from 51.6% of the volume of bulk wine, which is less valuable, while which increased exports of bottled wine by 19.3% in the period. Furthermore, in the latter category there was a 4.6% growth in the average price.
In terms of share in total shipments, bulk wine dropped from 17.6% in value in January-March 2010 to 10.7% in the same period this year, however, went from bottling participation of 77.7% to 84.8% in the first quarter of 2011. A rise of 7.1 percentage points. The increase in exports, because a higher value of products shipped is in line with the industry's goal has been to increase the average price of wines and exports.
Fastest-Growing country, the United States was the main destination for Chilean wine exports scored U.S. $ 53.5 million in the first quarter of 2011, up 22%. Meanwhile, the highest growth in the period were Russia (101.6%), China (85.5%) and Brazil (62.8%).
Source:
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