Argentina Among The Most Affordable Countries For Wine Production

Patrick Archer average prices, competitiveness, foreign investment, global rankings, wine & vineyards

Global investors must weigh a variety of factors like country risk, capital controls and transparency before choosing where in the world to invest. But what about winemakers? The number of wine producing countries (70) is over twice the number of teams that compete in a World Cup (32). Plus global grape production (675 million quintals last year) was widely distributed …

The Grapes of Wrath: Why Napa’s Loss Is Argentina’s Gain

Patrick Archer average prices, foreign investment, real estate, wine & vineyards

There’s nothing like a recession to test the limits of discretionary spending and consumer willingness to downshift to more affordable products and services. This has been especially true for U.S. wine lovers who, according to Bloomberg’s Dan Levy, are often passing up Super Premium and Ultra Premium wines in favor of “cheaper imports from countries such as Chile, Argentina and …