Peru's Wine Exports Reach $1.875 Million in Q1 2026, Up 405% Year-on-Year
2026-06-11 17:21
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en.Wedoany.com Reported - According to a report from the Agricultural Export Management Department of the Association of Exporters (Asociación de Exportadores, ADEX), Peru's global wine exports reached $1.875 million in the first quarter of this year, a significant increase of 405% compared to $372,000 in the same period of 2025.

The association's analysis indicates that the growth was primarily driven by a surge in demand from the French market, with order volumes increasing by 2,273% year-on-year, reaching $1.704 million, accounting for 90.8% of the quarter's total wine export value. This increase was mainly fueled by Easter celebrations. ADEX stated that this data marks the beginning of a recovery phase for Peruvian wine after an 11.8% decline throughout 2025.

Ranked by export value, the remaining major overseas markets for Peruvian wine are the United States ($64,691), Brazil ($41,550), the United Kingdom ($22,498), and Paraguay ($14,873). Export destinations also include China, Spain, Panama, Ecuador, and Canada.

Against this backdrop, ADEX expressed support for the Peruvian Ministry of Production (Produce) designating June 11 as "National Wine Day of Peru." This initiative aims to promote wine and Pisco as national beverages and to foster technical and commercial development in regional economies through related actions. ADEX also emphasized that Peru has joined the "Agreement Establishing the International Organisation of Vine and Wine," adopted in Paris on April 3, 2001, demonstrating the Peruvian government's commitment to the technical, scientific, and commercial development of the international viticulture and wine industry.

According to data from Fortune Business Insights, the global wine market size was $566.44 billion in 2025. It is projected to grow from $622.85 billion at the end of this year to $1.33126 trillion by 2034, with a compound annual growth rate of nearly 10%. In 2025, Europe dominated the global market with a 60.6% share, with France, Italy, and Spain leading due to their traditions, product quality, and growing demand for premium and sustainable wines. The consulting firm noted that industry growth is driven by increased social consumption and the rise of low-alcohol products. Additionally, the trend of wine "premiumization" is becoming increasingly evident, with consumers more willing to pay higher prices for high-quality, organic, or products with differentiated attributes.

Data shows that in the first three months of this year, wine led all alcoholic beverages with a 39% share of total shipments, followed by Pisco, other spirits, and rum. Companies exporting wine during this period included Premium Brands S.A.C., Santiago Queirolo S.A.C., Bodegas y Viñedos Tabernero S.A.C., Bodega Murga S.A.C., Viña Tacama S.A., Viña Ocucaje S.A., Yanquiza S.A.C., and Bodega San Isidro S.R.L.

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