With vineyards uprooted and the 2024 vintage nearly sold out, Chile faces a shrinking white wine supply, while Argentina anticipates a rebound thanks to a frost-free spring.
In the first nine months of 2024, Chilean wine giant Concha y Toro reported a significant sales increase, bolstered by strong performances in key markets and a growing share of premium and high-end wines.
Despite a steady global bulk wine market, a looming white wine shortage in Chile is driving prices up, with 2025 grape contracts already being signed at significantly higher rates.
Easter Island, located in the Pacific Ocean, has been officially designated as a wine region under the DO Rapa Nui appellation. This marks the recognition of Easter Island as its own unique wine-growing area within Chile.
It’s got a wine-growing history that dates back to the Roman world. It’s got more than 220 authorised grape varieties over 55,000 hectares of vineyards, and it’s one of the most exciting wine-growing countries in Europe.