Argentina winemakers talk inflation, exports and future of Malbec.

Argentina's wine industry has faced challenges in recent years due to high inflation, volatile exchange rates, and disappointing export numbers. However, the new government's tough economic policies have led to a decrease in inflation rates, which has improved the competitiveness of exporting companies. Despite this, exports have been hindered by unreliable exchange rates, tax regimes, and a lack of free-trade agreements. The industry is hopeful that economic conditions will improve, leading to more investment and a general uplift of the economy. The popularity of Malbec, Argentina's flagship varietal, remains strong both domestically and internationally, and winemakers are exploring new styles of Malbec. Additionally, there is growing interest in other grape varieties such as Cabernet Franc, Cabernet Sauvignon, Pinot Noir, Chardonnay, and Syrah in the domestic market. Water scarcity and erratic weather events are pressing environmental issues facing winemakers in Argentina. Despite these challenges, Argentina's winemakers remain hopeful and confident in the quality of their wines. [Extracted from the article]