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José Luis Belluscio on the wine crisis: "I think the way out is the external market"
AR💼 Business12 days ago

José Luis Belluscio on the wine crisis: "I think the way out is the external market"

Argentina's wine industry is facing one of its most challenging periods in recent decades, with declining production and sales both domestically and internationally. According to specialist journalist José Luis Belluscio, the sector is in 'red zone' due to falling prices for grapes and wine, reduced cultivated land, and decreasing domestic consumption. In 1970, Argentina consumed 91.8 liters of wine per person annually, but by 2025 this has dropped to 16.1 liters. Belluscio highlights the need for a productive transformation, suggesting that shifting cultivation toward varieties with higher international demand could improve competitiveness. He emphasizes that the industry's recovery depends heavily on exports, though high tax burdens and rising dollar-denominated costs pose significant challenges.

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Perfil logoPerfilIndependentCenter12 days ago
José Luis Belluscio on the wine crisis: "I think the way out is the external market"

Argentina's wine industry is facing one of its most challenging periods in recent decades, with declining production and sales both domestically and internationally. According to specialist journalist José Luis Belluscio, the sector is in 'red zone' due to falling prices for grapes and wine, reduced cultivated land, and decreasing domestic consumption. In 1970, Argentina consumed 91.8 liters of wine per person annually, but by 2025 this has dropped to 16.1 liters. Belluscio highlights the need for a productive transformation, suggesting that shifting cultivation toward varieties with higher international demand could improve competitiveness. He emphasizes that the industry's recovery depends heavily on exports, though high tax burdens and rising dollar-denominated costs pose significant challenges.

Bias read (Center): The article presents economic data and expert opinion on the wine industry's challenges without overtly favoring any political stance. It discusses market forces, taxation, and agricultural policy neutrally, focusing on industry-specific factors rather than partisan issues.

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