by Eduardo Brethauer and Jürgen Mathäß

Slowdowns in exports and rising costs have forced the Chilean industry to decide whether to stay struggling at the entry level or raise the average price of its product mix and go head-to-head with more prestigious wines.

by Ana María Barahona and Jürgen Mathäß

Powered by strong exports, Chile has doubled production over the past 15 years. But since 2005 wine producers are in the red. The Chilean peso has made gains on the American dollar. As a result, the wineries income in dollars often no longer even covers their costs in pesos.