Wine is expected to register healthy volume growth over the forecast period. Wine culture is expected to continue growing in Costa Rica, with consumers becoming more knowledgeable about their wines and more interested in trying different varieties.
If inflation continues to be high, consumers will be price sensitive. Mid-priced wines will be the most popular option over the forecast period and will include wines such as Tempranillo, and Malbec.
While there is wide availability of wines from countries such as Chile, Argentina, Spain and Italy, importers will extend ranges over the forecast period and introduce wines from other countries such as France, Germany, Belgium, USA, the Netherlands and Portugal. As supply difficulties get ironed out, importers will be more willing to engage with new suppliers and introduce consumers to new wine varieties.
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Understand the latest market trends and future growth opportunities for the Wine industry in Costa Rica with research from Euromonitor International's team of in-country analysts – experts by industry and geographic specialisation.
Key trends are clearly and succinctly summarised alongside the most current research data available. Understand and assess competitive threats and plan corporate strategy with our qualitative analysis, insight and confident growth projections.
If you're in the Wine industry in Costa Rica, our research will help you to make informed, intelligent decisions; to recognise and profit from opportunity, or to offer resilience amidst market uncertainty
This is the aggregation of still and sparkling light grape wines, fortified wine and vermouth and non-grape wine. In terms of alcohol content, light wine usually falls into the 8-14% ABV bracket while fortified wine ranges from 14-23% ABV. Low and non-alcoholic wine is also included in the data (attributed to each sector as appropriate).See All of Our Definitions
This report originates from Passport, our Wine research and analysis database.
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