Argentina: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Argentina

In 2022, the Argentinian wine of fresh grapes market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, showed a relatively flat trend pattern. Wine of fresh grapes consumption peaked at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Argentina

In value terms, wine of fresh grapes production reduced slightly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a slight curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. Over the period under review, production attained the maximum level at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

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Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Argentina

In 2022, overseas shipments of wine of fresh grapes (except sparkling wine) decreased by X% to X litres, falling for the second consecutive year after three years of growth. Over the period under review, exports showed a pronounced descent. The most prominent rate of growth was recorded in 2018 when exports increased by X%. The exports peaked at X litres in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports dropped to $X in 2022. Overall, exports saw a slight decline. The growth pace was the most rapid in 2021 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X litres), the UK (X litres) and Brazil (X litres) were the main destinations of wine of fresh grapes exports from Argentina, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for wine of fresh grapes (except sparkling wine) exports from Argentina, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Brazil, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Brazil (X% per year).

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked at $X per litre in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per litre), while the average price for exports to Paraguay ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Argentina

In 2022, overseas purchases of wine of fresh grapes (except sparkling wine) increased by X% to X litres, rising for the third consecutive year after two years of decline. Overall, imports showed a significant expansion. The growth pace was the most rapid in 2016 when imports increased by X%. Over the period under review, imports reached the maximum at X litres in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, wine of fresh grapes imports rose rapidly to $X in 2022. Over the period under review, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, Chile (X litres) constituted the largest supplier of wine of fresh grapes to Argentina, with a X% share of total imports. Moreover, wine of fresh grapes imports from Chile exceeded the figures recorded by the second-largest supplier, France (X litres), more than tenfold. The third position in this ranking was taken by Italy (X litres), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Chile stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Italy (X% per year).

In value terms, Chile ($X) constituted the largest supplier of wine of fresh grapes (except sparkling wine) to Argentina, comprising X% of total imports. The second position in the ranking was taken by Italy ($X), with a X% share of total imports. It was followed by France, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Chile amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, dropping by X% against the previous year. Overall, the import price recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per litre. From 2020 to 2022, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Spain ($X per litre), while the price for Chile ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform