The export of sparkling grape wines from Chile has experienced fluctuating trends over the past decade. In 2023, the value stood at 21.343 million US dollars. Analyzing the year-on-year variation, 2021 saw a significant uptick of 23.68%, followed by a modest 2.53% in 2022 and 2.42% in 2023. The CAGR over the past five years (2018-2023) was observed at 2.16%, indicating a moderate growth trajectory.
Looking ahead, forecasts predict a steady increase in export values, reaching 23.978 million US dollars by 2028, with a five-year CAGR of 1.83%. This suggests a stable market with gradual growth, despite past volatility.
Future trends to watch for include:
- Potential new markets and emerging economies driving demand
- Changes in global trade policies affecting export logistics
- Consumer preferences shifting towards premium and organic products
- Impacts of climate change on grape yields and wine quality
