Alternative Latin Investor Reports - Latest South American Wine Investment News
Torrontés: the Next Malbec?
Buenos Aires, Argentina, February 16, 2010 --(PR.com)-- Get the latest Alternative Latin Investment news from Alternative Latin Investor Magazine.
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Since 2004 no other country has seen the meteoric rise in volume, value and market share figures that Argentina has in the import segment of fine wine to the U.S. Over the last two years, while all other segments of imported wine have been down in both value and volume—except for Argentina’s across the Andes rival—Argentina has seen value increase in 2008 by 26.6% (U$ 500m) and volume by 15.6% (18.1m 9L cases), and through 3Q 09 value was up 8.8% and volume 8.9%. (It’s important to note that over 50% of all wine sales in the U.S. are done in 4Q of any year due to the Holidays.)
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Register for free to gain full access to ALI the first online publication to provide information on Alternative Investments in Latin America:
http://www.alternativelatininvestor.com/subscribe.php
Since 2004 no other country has seen the meteoric rise in volume, value and market share figures that Argentina has in the import segment of fine wine to the U.S. Over the last two years, while all other segments of imported wine have been down in both value and volume—except for Argentina’s across the Andes rival—Argentina has seen value increase in 2008 by 26.6% (U$ 500m) and volume by 15.6% (18.1m 9L cases), and through 3Q 09 value was up 8.8% and volume 8.9%. (It’s important to note that over 50% of all wine sales in the U.S. are done in 4Q of any year due to the Holidays.)
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Tiffany Joy Swenson
+1 202 905 0376
http://www.alternativelatininvestor.com
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