Chile - Sparkling Wine - Market Analysis, Forecast, Size, Trends And Insights
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View PricingSparkling Wine Price in Chile - 2023
Contents:
- Sparkling Wine Price in Chile (CIF) - 2022
- Sparkling Wine Price in Chile (FOB) - 2023
- Sparkling Wine Imports in Chile
- Sparkling Wine Exports in Chile
Sparkling Wine Price in Chile (CIF) - 2022
The average sparkling wine import price stood at $4.5 per litre in 2022, with an increase of 44% against the previous year. Overall, the import price, however, recorded a noticeable shrinkage. The growth pace was the most rapid in 2014 an increase of 61%. Over the period under review, average import prices hit record highs at $6.3 per litre in 2012; however, from 2013 to 2022, import prices remained at a 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 France ($10 per litre), while the price for Argentina ($2.2 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+8.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Sparkling Wine Price in Chile (FOB) - 2023
The average sparkling wine export price stood at $3.9 per litre in July 2023, declining by -3.1% against the previous month. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 18% against the previous month. As a result, the export price reached the peak level of $5.0 per litre. From March 2023 to July 2023, the the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In July 2023, the country with the highest price was Panama ($9.9 per litre), while the average price for exports to the United Arab Emirates ($2.6 per litre) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Panama (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.
Sparkling Wine Imports in Chile
In 2022, overseas purchases of sparkling wine decreased by -74.1% to 3M litres for the first time since 2018, thus ending a three-year rising trend. In general, imports showed a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 156%. As a result, imports reached the peak of 11M litres, and then reduced sharply in the following year.
In value terms, sparkling wine imports reduced rapidly to $13M in 2022. Overall, imports continue to indicate a pronounced downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 88%. As a result, imports reached the peak of $36M, and then dropped rapidly in the following year.
| Import of Sparkling Wine in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2.8 | 3.1 | 6.8 | 7.6 | 39.5% |
| Argentina | 1.8 | 2.7 | 2.1 | 2.0 | 3.6% |
| Spain | 1.4 | 1.6 | 3.5 | 2.0 | 12.6% |
| France | 1.7 | 1.7 | 2.0 | 1.4 | -6.3% |
| Poland | N/A | 0.4 | 2.9 | 0.2 | -29.3% |
| Others | 7.8 | 9.7 | 18.9 | 0.1 | -76.6% |
| Total | 15.4 | 19.2 | 36.1 | 13.4 | -4.5% |
Top Suppliers of Sparkling Wine to Chile in 2022:
- Italy (1172.6K litres)
- Argentina (907.9K litres)
- Spain (624.8K litres)
- France (141.7K litres)
- Poland (75.6K litres)
Sparkling Wine Exports in Chile
In 2022, the amount of sparkling wine exported from Chile contracted remarkably to 3.9M litres, waning by -45.2% on the previous year's figure. Overall, exports showed a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 2.5%. The exports peaked at 9.2M litres in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, sparkling wine exports shrank dramatically to $15M in 2022. In general, exports recorded a significant contraction. The smallest decline of -4% was in 2021. The exports peaked at $37M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Sparkling Wine in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 11.4 | 7.9 | 6.4 | 6.4 | -17.5% |
| Colombia | 1.2 | 1.7 | 1.1 | 2.1 | 20.5% |
| Brazil | 0.9 | 0.7 | 0.7 | 1.3 | 13.0% |
| South Korea | 0.4 | 0.5 | 1.4 | 0.8 | 26.0% |
| Costa Rica | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
| Canada | 0.3 | 0.3 | 0.5 | 0.4 | 10.1% |
| Mexico | 0.3 | 0.2 | 0.2 | 0.4 | 10.1% |
| United States | 0.4 | 0.3 | 0.5 | 0.4 | 0.0% |
| Panama | 0.2 | 0.1 | 0.1 | 0.3 | 14.5% |
| China | 0.2 | 0.2 | 0.1 | 0.3 | 14.5% |
| Venezuela | 0.1 | 0.1 | 0.2 | 0.3 | 44.2% |
| Ecuador | 0.4 | 0.4 | 0.2 | 0.2 | -20.6% |
| United Arab Emirates | 0.5 | 0.2 | 0.1 | 0.1 | -41.5% |
| Others | 20.6 | 18.0 | 17.7 | 2.2 | -52.6% |
| Total | 37.1 | 30.8 | 29.5 | 15.5 | -25.2% |
Top Export Markets for Sparkling Wine from Chile in 2022:
- Japan (1498.5K litres)
- Colombia (551.6K litres)
- Brazil (468.2K litres)
- South Korea (172.9K litres)
- Costa Rica (136.2K litres)
- United States (103.5K litres)
- Mexico (82.9K litres)
- Panama (76.5K litres)
- Venezuela (70.5K litres)
- Canada (66.9K litres)
- China (59.6K litres)
- Ecuador (58.5K litres)
- United Arab Emirates (37.7K litres)
This report provides an in-depth analysis of the sparkling wine market in Chile. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 11021130 - Champagne (important: excluding alcohol duty)
- Prodcom 11021190 - Sparkling wine from fresh grapes (excluding champagne, a lcohol duty)
Country coverage:
- Chile
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Chile
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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