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Analysts said that the gradual recovery of the Chinese market due to the easing of the epidemic is the main reason for the growth of Chilean wine expor.
Chile's "Financial Daily" reported that in May, Chile exported 771,800 cases of wine to China, a year-on-year increase of 34%, and the export value was 22 million US dollars, a year-on-year increase of 3
During the same period, Chilean wine exports to the United States also showed a "significant increase", with exports of 389,300 cases (+29%) and exports of US$14 million (+41.
The report also said that in May, the average price of wine exported from Chile was US$25 per case, an increase of 8% year-on-ye.
In terms of category, Chile’s bulk wine exports in May were outstanding, with exports up 24% year-on-year in volume and 15% in val.
It is worth noting that, looking at the past 12 months (June 2021 to May 2022), the export volume and value of Chilean high-priced wines above US$60 per case increased by nearly 20% year-on-year; during the same period, Chile The volume and value of wine exports to China increased by 28% and 31% year-on-year, respective.