Argentina’s Wine Sales Rebound in March

2026-04-29

First-quarter consumption turns positive after months of decline, offering the clearest sign yet that the industry is stabilizing.

After months of decline, wine consumption in Argentina’s domestic market rose again in March, offering the clearest sign yet that the country’s wine industry may be stabilizing after a prolonged slump.

Sales in the local market increased 8.4% from a year earlier, reaching 60.3 million liters, according to the National Institute of Viticulture. The March figure matters because it broke a negative trend that had weighed on the sector for several months and gave wineries and growers a stronger reading on demand inside the country.

The first quarter of 2026 also ended in positive territory. Domestic wine consumption rose 1.5% in the period, with 166.7 million liters sold, suggesting that the March rebound was not an isolated result but part of a broader improvement in the market.

The recovery was led by higher-volume categories. Wines without varietal designation increased 16.5%, sparkling wines climbed 34.9%, and other wines rose 10.9%. Varietal wines, which generally carry more added value, moved in the opposite direction and fell 11.6%, pointing to a shift in consumer behavior toward lower-priced or more accessible products.

For the wine chain, the return to growth in the domestic market is important because local consumption remains a major pillar of demand for much of Argentina’s production. A stronger home market can help offset pressure from weaker purchasing power and uneven demand patterns that have affected sales in recent years.

The improvement in domestic consumption came alongside better export numbers. In the same period, wine exports rose 15.5% and grape must shipments increased 33.5%, adding to signs that activity across the sector is recovering more broadly.

Even so, the rebound comes after a long stretch of structural decline in per capita wine consumption and changing drinking habits among consumers. March now stands out as an early turning point for an industry that had been under strain and is watching closely to see whether the first-quarter gains can hold through the rest of the year.