“In the first six months of the year, the total exports of wine hit 447.6 million euros, 158.3 million litres, and an average price of 2.83 euros a litre,” ViniPortugal stated in a press release.
Comparing to the same period last year, an increase of 3.4 million litres of exports in volume, 16.8 million euros in value and an increase of 0.05 euros in the average price has been noted.
In the period in analysis, the growth of wine exports to the UK by 13.3 million euros, to Brazil by 6.1 million, and to Angola by 4 million euros are noteworthy.
Excluding Port wine, there’s been an increase in exports of 3.2 million litres, or a 2.44% growth, and of 12.2 million euros, a 4.9% increase.
The average price per litre, meanwhile, has increased by 0.03 euros (1.61%) compared to the same period in 2022.
Brazil stands out here, with a growth of 6.3 million euros (22.52%), as well as Angola, with 3.9 million euros in exports now (24.24% increase).
The gain seen between January and June “can be explained by the increase in available natural resources and a certain normalisation of external markets after the beginning of the war in Ukraine,” ViniPortugal president Frederico Falcão pointed out.
According to the same man, the average price of wines has been growing and Portugal “has already begun to be recognised as a producing country” in the markets where he works.
“It was, in fact, growth above expectations and we believe this rhythm will maintain and we’ll end 2023 with very good results,” he stated.
ViniPortugal is the Interprofessional Wine Association, which aims to promote Portugal’s image as a wine producer.