Bolivia's burgeoning wine industry

Back on June 16th Mir Global ran a small piece on South America's numerous wine producing regions (click here to read). The basic premise of the blog post was to share with readers around the world that wines are produced across Latin America.

Chile and Argentina are unarguably the regional leaders in wine production, with their wines now common place in international markets around the world. Nonetheless, it would be unwise to overlook the potential of other up and coming producers from other countries in Latin America.

Of the many countries that do produce wine in South America, Bolivia is one country Mir Global Marketing is largely ignorant about. I stumbled upon this interesting from the Global Post this afternoon about Bolivia's burgeoning wine scene and I must say I'm intrigued.

Photo: John Enders, Global Post

Here is a small excerpt from the article, A hidden high-altitude treasure; Bolivia’s Tarija region produces great wines — it's just hard to find them outside the country.

Even the French will admit that Chilean and Argentine vinos can be as good as they come. But Bolivian wine? Well, just wait. If you haven't tried a fine merlot, syrah, cabernet sauvignon, malbec or sauvignon blanc from this small but expanding wine-producing area in southern Bolivia, you're in for a tasty surprise.

Bolivians long have had a passion for their national drink, singani, a grape brandy distilled from muscatel grapes, but as recently as a decade ago, locals turned up their noses at their own wines, preferring to buy excellent and inexpensive ones from their southern neighbors.

Today, however, Tarija's major winemakers — Kohlberg, La Concepcion, Aranjuez, and Campos de Solana — are supplying the national market and sending their wines abroad, especially to Europe. Their secret: altitude.

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Bolivia’s modern wine industry began some 40 years ago when Julio Kohlberg and others brought new varietals, mostly reds, to production. Nobody is really sure, but it is estimated that about 4,942 acres are under cultivation in the Tarija region. Producers began exporting about a decade ago but have been stifled by a lack of investment, marketing and stable access to markets.

Click here to access the complete article from the Global Post

2009 Southern Hemisphere Wine Harvests -- Chile, Argentina, South Africa, Australia, New Zealand

The results are out, the reviews have been written, and now its time to sample the 2009 wine harvest. At lease this is the case for producers in the Southern Hemisphere of the world.

As producers in North America and Europe watch their grapes ripen, vintners in Argentina, Chile, South Africa, Australia, and New Zealand are preparing to sample their first bottles of 2009.

A healthy growing season is paramount in the process of ultimately producing a quality wine. This is of course why certain regions in the world excel in wine making. These regions are blessed with extremely conducive climates for growing grapes used in wine making. This is why regions like Mendoza, Argentina have historically been known to consistently produce high quality wines. Click here to read more about the region of Mendoza from Mir Global Marketing's home page)

This article from the Winespectator.com provides links to the publications reports on how the 2009 grapes have turned out in Chile, Argentina, South Africa, Australia and New Zealand.

Argentina: Heat spike hurts Argentine white wines, but reds weather the warmth

Chile: A warm and dry year leads to ripe wines and slightly higher yields

South Africa: South Africa's wine regions enjoy a cool, dry season, producing quality across the board

Australia: Yields are down in most regions, but a cool, dry season may have produced elegant reds

New Zealand: A moderate growing season bodes well for the country's reds and whites


To access complete country harvest and grape reports from the Winespectator.com, please click on each respective country link

Argentine wine harvest down 25%

Below I have copied and pasted a excerpt from this article from Decanter.com about Argentina's wine harvest falling 25%.

What really grabbed my attention was the last paragraph... During the past few years NYC's restaurants and wine bars have increasingly been carrying more wine from Argentina.

Guillermo Garcia points out that the economic crisis has helped Argentine wine. This has been crucial in helping Argentina break the mold and get their wines onto tables, which would normally be occupied by a French, Italian or Californian bottle.

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Due to climatic conditions, this year's wine harvest in Argentina will be down 25% as compared to last year.

Mendoza, Argentina

According to Argentina's National Wine Institute, hail in some provinces, and overall higher temperatures in February and March, are factors in the lower production output this year.

The lower production this year has occurred despite Argentina having a 12% increase in land under cultivation for wine grapes.

Guillermo Garcia, president of the National Wine Institute, said: 'If there had not been an international crisis, we would not have been able to provide wine to countries with developed markets.'

Chile's Concha y Toro Q1 profit up 37.6 pct yr/yr reports Reuters

Chile's leading wine exporter Concha y Toro CHT.SN(VCO.N) said on Wednesday its first quarter net profit rose 37.6 percent from a year earlier
to 8.395 billion pesos ($14.4 million).

Concha y Toro said consolidated sales rose 12.6 percent during the period to 68.458 billion pesos.

"In this quarter, we saw significant growth in the UnitedStates market," CEO Eduardo Guilisasti said in statement, adding the company also saw growth in the United Kingdom and Japan.

Concha y Toro reported in February its profit for 2008 slipped 5.23 percent to 35.152 billion pesos.

The company said in November it planned to raise up to $189 million in a capital increase and bond issues on the local market to pay for future projects and pay down short-term debt.


[Reuters Article]