Tejo wines with an increase of 11.5% in certification and 50% in exports
08/09/2023The results of the first half are already known and the Regional Wine Commission for Tejo Wines (CVR Tejo) is pleased with a significant increase in the certification of wines from the region. Between January and June 2023, 16.8 million liters were certified, which represents an increase of around 11.5% compared to the same period last year. Of this total amount, 5 million liters – representing approximately 1/3 – were destined for export, with greater emphasis on the countries of the European Union, of which Sweden and Poland led. This is reflected in an increase of almost 50%, compared to 2022, which is very encouraging for the Tagus Wines.
Analyzing data from the last five years, that is, between 2018 and 2022, CVR Tejo registered a very significant increase in the first three years and more gradually in the following years. In 2018, 13.5 million liters of Tagus Wines were certified, to which almost 10 million were added the following year, translating into a growth of 94%, with 2019 registering 23.3 million litres. In the two years of the pandemic, the numbers continued to grow: in 2020, 29.5 million liters were reached and, in 2021, the barrier of three dozen was surpassed, with 30.5 million liters certified. With the effect of the pandemic and the war in Ukraine, a global crisis ensued and, in 2022, the growth trend was reversed, with 27.9 million liters of certificates.
Forecasts for this year are encouraging, which is reflected in a first half with growth of around 11.5% compared to 2022 (15.10 million litres). If we compare with 2018, the year in which January-June certification was 6.8 million liters, 10 million less than this year, there is an increase of 149%. Still keeping an eye on the data for this first semester, there is a 35.7% increase in the certification of wines with the Tagus DOC seal.
Another very positive note is the increase in consumption of Tagus Wines in the HoReCa channel. A greater appetite in catering capitalizes on differentiating and higher value wines, which is an added value for building the region’s brand and notoriety. With the effect of ‘contagion’, starting with professionals and prescribers, this is an important path for the region.
Luís de Castro, president of CVR Tejo, is satisfied with «the data for this first half, which show good growth indicators and leverage confidence in the accumulated recovery of the year». The president of the entity that regulates the production and certification of Tagus Wines has no doubt that the region will continue to grow and conquer, more and more, national and international market share. These results are the result of the great work done by the producers, with the encouragement of CVR Tejo, in terms of valuing the territory, the product and the Vinhos do Tejo brand, umbrella for wines with Controlled Designation of Origin or Protected Geographical Indication.