Global Grape: US Malbec Consumption Approaching Argentina Levels

Patrick Archer agribusiness, competitiveness, lifestyle, wine & vineyards

Yesterday, for the second consecutive year, celebrations were held in 45 cities and 36 countries to toast Argentina’s signature grape. For Argentine wine makers and exporters, a few toasts of gratitude must have been raised for US wine enthusiasts who now consume almost as much Malbec as Argentines, according to a new article in Cronista. Nuria Rebon  charts Malbec’s meteoric rise: …

Chinese Demanding More Premium Wines From Argentina, South America

Patrick Archer foreign investment, global rankings, lifestyle, wine & vineyards

China, the world’s fifth-largest consumer of wine, is already one of the Top 10 wine export markets for most South American countries. Chinese consumers drank more than 1.4 billion liters of wine in 2011, a number that is projected to grow to 2.2 billion liters by 2015. According to industry analysts, much of that 60% increase will come from vineyards …