Santa Rita Estates is seeking to inject greater charisma into Chile's wine offer with the launch of a South American-inspired range, its first ever oak-aged Sauvignon Blanc and a pair of surfer-themed wines.
A severe frost in Chile wiped out an estimated 20 percent of the country's crop earlier this month, which could reduce the 2014 harvest. However, a leading analyst views that as good news, as lower output in 2014 would help restore balance to Chile's wine industry.
Chile exported 596.4 million liters (158 million gallons) of bulk, bottled, sparkling and packed wines in January through August, with average prices falling from $2.50 a liter in the same period last year to $2.03 a liter in the first eight months this year.
Argentine wine's surge into the American market in the past few years has been one of the most remarkable stories in the industry. But production in Argentina is not as quick to change. Will Argentine wineries be able to react quickly enough to claim new niches in the market?
The improvement in quality of wines from Chile, while maintaining value prices over the last ten years has been truly remarkable. I highlight a few below but read about all 13 on my Top 50 Value Wines list.