More Brazilians Buying Vineyards in Argentina & Uruguay

Patrick Archer aruba, foreign investment, lifestyle, real estate, tourism, uruguay, wine & vineyards

Exactly one year ago, we shared the news that Mendoza is now the second-most popular destination for Brazilians in Argentina after Buenos Aires. According to the Ministry of Tourism, the southern region of Mendoza was the most sought after in January with San Rafael topping the list of visitors and hotel occupancy with 92%. Now, one year later, it seems many Brazilians are …

Argentina’s Emerging 1-2 Wine Punch: Malbec Surging, Torrontes Rising

Patrick Archer agribusiness, competitiveness, lifestyle, real estate, wine & vineyards

Argentina’s December wine export numbers are now available, so we finally have a figure for full-year 2010 exports of Argentine wine and grape juice: US$864.5 million, a healthy 12% increase over full-year 2009. Export volume rose 6.7% in December compared to 2009, while the total value of Argentine exports reached US$77.8 million, a 21% increase over December 2009. The 2010 …

New Argentine Reds Seducing Wine Lovers in Canada

Patrick Archer foreign investment, lifestyle, wine & vineyards

While the U.S. is scheduled to become the world’s largest wine-drinking market by 2012, the neighbor to the north isn’t lagging behind. “Canadians might have a new passion to add after hockey: being wine connoisseurs,” the country’s Financial Post opined early last year. As one of the world’s fastest-growing markets for wine consumption, Canada is an important export destination for …

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 …

Argentine Malbec Rising: Catena’s Journey & An Industry Transformed

Patrick Archer competitiveness, visionaries, wine & vineyards

The Washington Post traces the rapid rise of Argentina’s wine industry from the 1980’s (pretty dormant, low-end and geared toward domestic consumption) to today’s vibrant export model with award-winning Malbecs and other local varietals increasingly gaining market share abroad. Argentine vintner Nicolas Catena is described as “the founding father of modern Argentine wine,” and he drew inspiration for his home …