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Argentina grows UK exports
Feb 10, 2012
(Harpers) - The popularity of Argentinian wines continues to forge ahead, with UK exports for 2011 up 8.4% by value, according to the latest figures from Wines of Argentina.
UK director Andrew Maidment told Harpers: “We’re now in the right position in the UK market, with value rising and producers not compromising on price, meaning less volume is going into supermarkets, and more wine into the indies and on-trade.
Volume may be down, but value is on the increase with 11% growth in the off-trade and 5.7% in the on-trade, according to Nielsen and CGA brand index data (MAT December 24, 2011).
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