We report the first data relating to the projection of volumes, prices and forecasts for the 2022 harvest in Chile and Argentina.
Chile
Summer started with a very unstable weather, but now temperatures has been fairly stabilized. There wasn’t any particular phenomenon that could affect significantly the grapes quality or volumes, so a harvest with volumes within normal is expected.
White grapes prices are higher than red grapes, due actual zero stock of white wine in the Chilean market.
In regards to red wines, there is a good stock, and prices are pretty stable.We hope that due to the current political instability that the country is experiencing, the value of the Chilean peso against the dollar does not continue to depreciate. Theme that also favors exporters, and that could lead to a small drop in wine prices; especially bulk.
Bulk wine prices
- Sauvignon Blanc USD 1.10 – 1.35 stable trend / tendance stable
- Chardonnay USD 1.00 – 1.25 stable trend / tendance stable
- Merlot USD 0.75-0.90 stable trend / tendance stable
- Cabernet Sauvignon USD 0.70-0.85 flexi trend / tendance fléxible
- Carmenere USD 0.80-0.95 stable trend / tendance stable
- Pinot Noir USD 1.00-1.40 stable trend / tendance stable
(Prezzi FOB Chilean port)
Argentina
First comments says that this will be a bit below normal 2022 harvest in Argentina.
We faces some rains at the beginning of the summer, but things become better finally with a more dry season.
Grapes volumes will be normal in general, but with some areas with lower production as Uco Valley, and other areas affected by hail storms. But in general everything shows around normal year tendency at this stage.
Grape prices shows an increase tendency due whites wines shortage (offer/demand) and economy inflation. There is no firm prices for 2022 wines (a usual) until all grapes will be finally at the cellar.
Actually there is a good stock of Malbec, not much Cabernet, neither Syrah and nonstock of whites wines. Then, we need to wait until 2022 whites wines will be ready for start talking about firm sales prices.
Bulk wine prices
- Dry White USD 0,70 – 0,80 stable trend / tendance stable
- Muscat USD 0,75 – 0,85 small increase trend / tendance à une légère augmentation
- Torrontes USD 0,75 – 0,85 small increase trend / tendance à une légère augmentation
- Chardonnay USD 1,20 – 1,30 increase trend / tendance en augmentation
- Dry Red USD 0,80 – 0,90 stable trend / tendance stable
- Cabernet Sauvignon USD 1,00 – 1,10 stable trend / tendance stable
- Syrah USD 0,90 – 1,00 stable trend / tendance stable
- Malbec USD 0,95 – 1,10 stable trend / tendance stable
(Prezzi FOB Chilean port)
Best regards, Carlo Miravalle – Miravalle 1926