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Argentine Opportunities In A Wine Export Giant Betrayed By Banana Republic Bureaucrats

With wine imports climbing above 35% of the U.S. market, some domestic producers have found hope in California’s record 2012 crush along with predictions that the global harvest could be on a downswing.

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However, an Argentinian rain cloud may be drifting northward to satisfy a growing thirst for Malbec, one of the fastest growing varietals in America and a favorite of the Echo Boom (Millenial + GenX) demographic that is rapidly replacing Boomers as the giant in the wine store.

Argentine wine production — a growing player in the U.S. market, especially with Malbec lovers — will expand as much as 20% this year according to government and private data sources. Exports are expected to increase by 10% this year and again by that amount in 2014.

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Also In This Article:

The full text of the following sections in this 1,500-word article with 7 charts and tables is available only to premium subscribers of Wine Executive News.

  • CALIFORNIA & ARGENTINA: IDENTICAL ACREAGE, SIMILAR CRUSH
  • UNITED STATES: MAIN ARGENTINE EXPORT MARKET & GROWING
  • EXPORT PICTURE BLURRED BY WEATHER, DYSFUNCTIONAL GOVERNMENT
  • BULK EXPORTS UP: IT’S STUPID GOVERNMENT, NOT SMART CONSUMERS
  • THE EQUIVOCAL FUTURE
  • BIG INVESTMENT OPPORTUNITIES FOR CUNNING RISK CAPITAL

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