We have some good news about the Portuguese wine industry from ViniPortugal!
In the first half of 2021, the total export of Portuguese wines grew by 19.3% and 9.2% compared to the same periods in 2020 and 2019 respectively. Also, the average price increased by 4.2%.
Importantly, Polish purchases of Portuguese wines grew by 36.6% compared to 2020 and reached 15.5 million euros.
However, France still remains the leader in importing Portuguese wines, followed by USA, UK, Brazil and Germany. Except for Angola, which recorded a 12.2% drop in its purchases of Portuguese wines compared to last year, all the other markets recorded growth. Apart from Poland, substantial growth was also observed in Belgium, the Netherlands, Sweden, Spain, China, Denmark, Russia, Ukraine and Mexico. The biggest increase was observed in the case of South Korea, which recorded a growth of 139% with the value of purchases reaching 3.5 million euros.
According to Frederico Falcão, president of ViniPortugal this gives hope that the Portuguese wine industry is starting to consolidate its position within the global wine industry.
The whole article is available under the link.