Chile: Wine Law and Business Flashcards
Chile: DO’s
Five main regions :
Atacama
Coquimbo
Aconcagua
Central Valley - sub regions
Maipo, Rapel ( Colchagua, Chachpoal), Curico, Maule Valley
Southern
(Austral )
Also smaller Do’s called ‘areas’ in a zone
Chile : DO Laws
Region: Central Valley
Sub-region: Rapel Valley
Zone: Colchagua Valley
Area: Apalta
Chile: Wine Regualtions
-reflection of soils and climate
-Valleys are split in Costa’s - coastal influence
Andes - influenced by the mountains
Entre Cordilleras -in between
-producers slow to adopt the new system
-DO STatus :
75% of the grapes must come from that region , or 85% if exported to the EU
Varietal Labels must contain 75% ( or 85% for exports to the EU)
Wines must have a min 11.5% abv
Legally recongized terms :
Superior -
Reserva - 12% abv
Reserva Especial -12% abv
Reserva Privada -12.5% abv -min 6 mnth on oak
Gran Riserva -12.5% abv -min 6 months on oak
Very llittle meaning but have higher abv’s
Labels are used more oftern to define levels of producers portfolios
Chile: Wine Business
**4th largest exporter by volume
**-70% exported =8.5 mill hL
-Low average value per unit , alongside Spain and S. Afrcia
-Wine of Chile promoting quality wines ans image of Chile as a producer of prem wines
-domestic consumption is low
-one of the strongest ecomonies in S America due to export free trrade agreements with China and South Korea
also important are USA , Japan and UK
-Brazil is Chiles 5th largest market thanks to MERCOSUR free trade area
- 80% of all production is 4 companies:
1.Concha y Toro
2.Santa Rita
3.Santa Carolina
4.San Pedro
all from 1850 ‘s boom
-Chile has also attracted Rothschilds Torres and Jackson Family Wines due to cheap land and running costs - chages in the high cost of importing materials and equipmet
- MOVI - small group of independant wines producers making quality winea that promote themselves tpgether in domestic and export markets
**Last decade **