According to Wines of Argentina, based on the data provided by Caucasia Wine Thinking, Argentine exports have registered an increase, growing from USD 285.7 million in 2011 to USD 340.9 million in 2012. Meanwhile, on a volume basis, total exports experienced a considerable increase of 41% in this period. This growth was propelled mainly by bulk wine that grew 216%.
Between January to April 2012, bottled wine exports increased by 1.3% in value and dropped by 6% in volume, going from USD 230.9 million in 2011 to USD 233.9511 million in 2012 and from 67.4 to 63.3 million hectoliters.
As regards sparkling wine exports also increased in value (41.7%) and in volume (25.1%).
Finally, bulk wine displayed a considerable growth in exports in volume (64.4%) as well as in value (57.5%). This resulted in an average price of USD 1.97 per liter in 2012, 12.2% higher than the amount registered in the same period in 2011.