Argentina - Wine Numbers
VINEX Market Research
The producing vineyard area in Argentina reached 224,707 hetares in CY2015, despite a slight drop (0.8%) in Mendoza. Based on 2015 statistics, Argentina ranked the 5th in wine production and 8th in wine consumption globally. Bulk wine export is a small proportion of total export value (7.5%), even though the sector had enjoyed a double digit growth rate in CY2015 compared to CY2014 based on the Custom records.
|Demand and Supply||2013||2014||2015||2016||% Change|
|Producing Vineyard Area (HA)||224,063||223,580||224,707||224,000*||n/a|
|Wine Grape Crushed (000't)||2,783||2,642||2,421||n/a||n/a|
|Annual Wine Production (ML)||1,499||1,520||1,336||1,014*||n/a|
|Annual Import (ML)||88||38||57*||n/a||n/a|
|Annual Export (ML)||315||264||267||260*||n/a|
|Domestic Consumption (ML)||1,035||994||1,021||n/a||n/a|
The top 5 red and white varieties are shown with the grape crush records. 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||2015||2016||% Change|
|Cabernet Sauvignon (000't)||139.24||126.77||n/a||n/a||n/a|
|Pedro Gimenez (000't)||173.02||162.68||n/a||n/a||n/a|
The price index among main varieties have indicated a consistent growth trend, explaining the slight increase in production and relatively weak market demand.
Bulk wine exports are projected to drop by at least 15.6% in CY2016, considering the increased average price and lower production yields.
|Bulk Export||2013||2014||2015||2016||% Change|
|Bulk Export (ML)||115.03||66.70||96.75*||81.63*||-15.63|
|Bulk Export Price (USD/L)||0.81||0.96||0.94||0.98||+4.26|
|Bulk White Price (USD/L)||n/a||n/a||0.81||0.86||+6.17|
|Bulk Red Price (USD/L)||n/a||n/a||0.97||1.04||+7.22|
Source: USDA FAS, GTA
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.
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