Grape wine market in Paraguay

Earlier Report Observations

From 2018 to 2021, the Paraguayan grape wine market expanded, reaching a peak volume of 27.7 million liters in 2021. This growth was primarily driven by rising imports, which increased from 23.2 million liters in 2018 to 25.8 million liters in 2021. During this period, the market saw diversification and investment in local production, such as the establishment of the Giacometti Winery in 2019, which began producing high-end wines using imported grapes from Mendoza, Argentina.

After 2021, the market contracted sharply, with volume falling to 21.6 million liters in 2022 and then to 13.0 million liters in 2023. This decline coincided with reported difficulties in the cooperative sector, including a 26% drop in surpluses and high arrears, which likely hampered local production and market stability. Imports also fell significantly during these years, from 25.8 million liters in 2021 to 12.1 million liters in 2023.

The Paraguayan wine market remains heavily reliant on imports, which traditionally come from Chile, Argentina, and, more recently, Spain and other countries. This import dependency shapes both supply and pricing, as seen in the high transportation costs for grapes used in local premium wine production. While imports showed signs of recovery in 2024 and 2025, reaching 16.0 million liters, the overall market volume after 2023 is not fully captured in the data.

Production grape wine in Paraguay

In kind, 2018-2021, K l

Top producers of grape wine, 2018-2021

World map of production of grape wine, 2018-2021

Paraguay's grape wine production rebounded after two years of decline. In 2021, the country produced 1,981 thousand liters, marking a significant 16.7% increase compared to the previous year. Over the 2018-2021 period, production grew by 4.5%, with an average annual growth rate of 1.5%. The lowest production level was recorded in 2020 at 1,698 thousand liters, which also saw the largest decline of 8.1%.

Annual dynamics of production in Paraguay in kind, 2018-2021, K l

Exports grape wine from Paraguay

Exports in kind, K l

Paraguay's grape wine exports showed considerable volatility during this period. Exports reached their lowest point in 2020 at 0.0 thousand liters and peaked in 2021 at 31 thousand liters, representing a dramatic 51,920-fold increase. The 2021 export volume represented a staggering year-over-year increase of 519,100.0%. The largest decline occurred in 2019, when exports fell by 99.8%.

Annual dynamics of product's exports from Paraguay in kind, 2018-2021, K l

From 2018 to 2021, Brazil dominated Paraguay's grape wine exports in volume terms, accounting for 78.2% of total shipments. The remaining exports were distributed among various other markets.

Structure of product's exports in kind by countries, 2018-2021

World map of product's exports from Paraguay in kind, 2018-2021

Exports in value, K $ US

Paraguay's grape wine export values displayed an unstable pattern throughout the period. The lowest value was recorded in 2020 at 0.1 thousand US dollars, while the peak occurred in 2021 at 490 thousand US dollars - a 9,808-fold difference. The 2021 value represented an extraordinary year-over-year increase of 980,706.0%. The most significant decline happened in 2019, when export values dropped by 98.3%.

Annual dynamics of product's exports from Paraguay in value, 2018-2021, K $ US

During the 2018-2021 period, Brazil was the primary destination for Paraguay's grape wine exports in value terms, absorbing 96.0% of total export revenue.

Structure of product's exports in value by countries, 2018-2021

World map of product's exports from Paraguay in value, 2018-2021

Imports grape wine to Paraguay

Imports in kind, K l

Paraguay's grape wine imports grew for the second consecutive year. In 2021, imports reached 25,789 thousand liters, representing a solid 10.2% increase compared to the previous year. Over the 2018-2021 period, imports increased by 11.1%, with an average annual growth rate of 3.6%. The lowest import volume was recorded in 2019 at 23,018 thousand liters, which also saw the largest decline of 0.8%.

Annual dynamics of product's imports to Paraguay in kind, 2018-2021, K l

From 2018 to 2021, Argentina, Chile, and Brazil remained Paraguay's main sources of grape wine imports in volume terms. Argentina supplied 55.5% of imports, Chile contributed 24.1%, and Brazil provided 16.8%. Together, these three countries accounted for 96.3% of Paraguay's total grape wine imports by volume.

Structure of product's imports in kind by countries, 2018-2021

World map of product's imports to Paraguay in kind, 2018-2021

Imports in value, K $ US

Paraguay's grape wine import values recovered after two years of decline. In 2021, imports reached 45,126 thousand US dollars, showing a sharp 42.4% increase compared to the previous year. However, over the entire 2018-2021 period, import values decreased by 12.7%, with an average annual decline of 4.4%. The lowest value was recorded in 2020 at 31,682 thousand US dollars, which also experienced the largest decline of 25.1%.

Annual dynamics of product's imports to Paraguay in value, 2018-2021, K $ US

Throughout 2018-2021, Argentina, Chile, and Brazil formed the core of Paraguay's grape wine imports in value terms. Argentina accounted for 39.7% of import value, Chile represented 34.8%, and Brazil contributed 13.6%. Collectively, these three countries represented 88.1% of Paraguay's total grape wine import expenditure.

Structure of product's imports in value by countries, 2018-2021

World map of product's imports to Paraguay in value, 2018-2021