Concerns voiced over falling wine exports

The President of ViniPortugal, Frederico Falcão has blamed inflation, interest rates, the cost of living crisis, two wars, and the economic instabilities faced by families for the fall in Portuguese wines exports in 2023.

After six years of consecutive growth, Portuguese wine exports fell 1.16% in 2023, reaching €928 million in value and €319 million in litres according to ViniPortugal.
Nevertheless, the association registered an increase in the average price per litre to €2.90, up 0.66% like-for-like on 2022.
France was the top country to import Portuguese wines, worth €103 million, followed by the US with €100 million, and he UK in third place with €88 million.
As for the winners of the 18th edition of the Top 10 Portuguese wines announced at the Porto ‘Essence of Wine’ (Essência do Vinho) event, and selected in a blind tasting by an International jury, most came from the Douro Region, but there was one from Trás-os-Montes: ‘O Segredo 6’ from former footballer Costinha and entrepreneur António Boal, with each bottle selling for €600.
The jury comprised 46 jury members from various countries who evaluated 50 samples from whites, reds, rosés, and fortified wines (ports, muscatels, madeiras)

Some winners are:

1º red wine – Memórias, Domingos Alves de Sousa, Douro
2º red wine – D. Áurea 2021, Textura Wines, Dão
3º red wine – Segredo 6 Cuvée Vinhas Velhas 2020, 2CC, Trás-os-Montes
1º white wine – Coche 2021, Niepoort Vinhos, Douro
2º white wine – Vinha dos Aards Criação Velha 1ºs Jeirões 2020, Azores Wine Company, Pico – Açores
1º rosé – H.O. Matrona 2022, Menin Wine Company, Douro
1º fortified wine – Henriques & Henriques Tinta Negra 50 Anos, Henriques & Henriques, Vinho Madeira
2º fortified wine – Verídico Very Very Old Tawny 1900, Mily Heritage Wine Million & Dirk Niepoort, Vinho do Porto