South American wine overtakes Italy in UK off trade sales

21 February, 2019
South American wine sales

The latest Nielsen sales figures show that the combined growth of Chile (+4.1%) and Argentina (+11.2%) have seen South America overtake Italy in value sales of still wine.

South America, usually merchandised in retailers as one region, is now worth £709.4m in value, a 12.6% share of total market, versus Italy which has slipped back 2.5% to £702m. 

Individually, Chile ranks fifth in the origins table, and Argentina ninth.

In terms of grape varieties, Malbec has moved up into third place, leap-frogging Tempranillo. Malbec is now worth £230m in UK value sales over the past 52 weeks.

Concha y Toro UK general manager, Simon Doyle, said: “Three years ago we highlighted South America’s rapid progress up the table of the most popular wine origins, when it first overtook South Africa and then Spain when treated as a single region. 

“It is impressive to see this upward trend persist, as shoppers continue to discover and enjoy the diverse range of wines from South America. The onward march of Malbec in particular has been great to see.”





Comment

David Williams

Championing the unsung wine heroes

The wine trade can be divided into two fundamentally opposed camps. on one side, you have the romantic idealists who believe that wine is – or can be – something special, bordering on mystical: an elixir like no other, comparable to the greatest works of art.

Click for more »

Events

Facebook

Twitter