Trip Reports A nice selection of Argentinian wines at a supermarket in London

[enbits]

Yes I will do that. Is it just Argentine wines that are expensive or all imported wines? I wasn't paying attention and just noticed with your post about the Argentine wine.

Chileans are a bit 'cheaper' or less expensive. But in general they are all overpriced.

 

[Digital Nomad]

The ones at the top El Enemigo, Zuccardi and Catena (doesn't show on the photo but there were some) are top notch wines. This supermarket is called 'Tesco' and they have really good prices. I googled the prices online and El Enemigo Cabernet Franc 2021 is 20 pounds. I also searched for the price in MercadoLibre Argentina and is actually at the same price as in Tesco (16p / 20 US$). For comparison in Colombia they are selling it between 40 and 50 US$!!!

Catena and Zuccardi are good. So is El Enemigo. My girlfriend drinks that.

I don't wanna know! XD, I usually buy a cup in restaurants and they are around 10 US$. Next time you go to Colombia get some good wines from the Free Duty Shop.

Yes it's hard to justify paying too much for wine in restaurants when it's so cheap at the store. In the States wine from Chile is very popular. I seldom see Argentine wines much but hopefully this changes. I am going home for Christmas so I will check out my liquor stores and see prices.

 

[Wally]

El Enemigo is cheaper in the UK than in Argentina . Here at Coto it costs 25600 pesos and at a chino probably around 23000 pesos.

Can't believe these prices in UK! I doubt the store is making much money if at all at these prices!

 

[MikeRoss]

Can't believe these prices in UK! I doubt the store is making much money if at all at these prices!

Someone just posted this on X. From the sounds of it, no one is really making much money.

https://twitter.com/x/status/1859035565473042830

 

[Tommy]

Someone just posted this on X. From the sounds of it, no one is really making much money.

https://twitter.com/x/status/1859035565473042830

That is unbelievable wine is so cheap there compared to Argentina. I guess they are making all their money domestically then if it's more expensive in Coto than the UK considering all of those taxes and shipping.

 

[earlyretirement]

Chileans are a bit 'cheaper' or less expensive. But in general they are all overpriced.

Yes, every time I go to Colombia I am amazed at how expensive wine is there. I was just there in February with my family and any time we went out to dinner and got a bottle of wine, it was very pricey. We went to Bogota, Medellin, Cartagena and same thing in all of those places.

 

[JonJLA]

It's remarkable how cheap exported Argentine wine is in some places. I have not seen wine from Argentina much in the past in the UK. I go often for work so this must be new. Great to see so much stuff there. The USA is just starting now. But it is severely marked up in restaurants. I was at dinner the other night in LA and saw a nice Malbec that was priced about $70 a bottle. I looked online and it is about $20 a bottle in Buenos Aires.

 

[Vince]

It's remarkable how cheap exported Argentine wine is in some places. I have not seen wine from Argentina much in the past in the UK. I go often for work so this must be new. Great to see so much stuff there. The USA is just starting now. But it is severely marked up in restaurants. I was at dinner the other night in LA and saw a nice Malbec that was priced about $70 a bottle. I looked online and it is about $20 a bottle in Buenos Aires.

Hopefully this next year exports grow tremendously.

 

[Larry]

A friend in the States told me last night he is seeing wine for less than it costs in Argentina. Yet another case. @enbits you mentioned it in London but same thing in the US.

Makes no sense. Shows how screwed up pricing is here and how overvalued the peso is vs. the dollar. Local stores always cheating the local market and pricing high no matter what is happening.

 

[Wally]

A friend in the States told me last night he is seeing wine for less than it costs in Argentina. Yet another case. @enbits you mentioned it in London but same thing in the US.

Makes no sense. Shows how screwed up pricing is here and how overvalued the peso is vs. the dollar. Local stores always cheating the local market and pricing high no matter what is happening.

I have posted before basic laws of supply and demand simply do not work in Argentina. Stores price what they want and if demand goes down they just raise prices to try to make up for lost revenue. I see it all the time here over the years.

The wine price example is amazing to me. Imagine taxes, shipping, brokerage fees, insurance to get it to the USA. The grocery store has to mark up and it's still more expensive in Argentina where the wine was produced. Local companies price gouge consumers in Argentina. We can talk about taxes but I think a lot boils down to companies in Argentina charging whatever the hell they want to charge.

Argentines are used to taking it up the ass and they just bend over.

 

[Betsy Ross]

I have posted before basic laws of supply and demand simply do not work in Argentina. Stores price what they want and if demand goes down they just raise prices to try to make up for lost revenue. I see it all the time here over the years.

The wine price example is amazing to me. Imagine taxes, shipping, brokerage fees, insurance to get it to the USA. The grocery store has to mark up and it's still more expensive in Argentina where the wine was produced. Local companies price gouge consumers in Argentina. We can talk about taxes but I think a lot boils down to companies in Argentina charging whatever the hell they want to charge.

Argentines are used to taking it up the ass and they just bend over.

True about supply and demand fundamentals not working here. But I think that will change now. Since I have worked here I haven't seen import markets opening up like they are going to do.

Stores here charge whatever the hell they want. Consumers were stuck paying 3X the price of electronics and clothes and medicine and housing goods. Now being able to just order it on Amazon or Mercado Libre and pay 21% iva tax only will change things. With the door-to-door service if local stores and companies don't lower prices no one will buy from them!

If you look at the discounts with Coto or Modo some of them are 20% to 30% off. Or 2 for 1 or 3x2 offers. The margins that these stores are working with must be tremendous! The prices of things here are outrageous on some things. Even ordering from the USA it is cheaper before all these restrictions on some things ordering through Grabr.

Companies have to lower fees or everyone will just buy things abroad. I think this is Milei's goal which is smart. Unfortunately local companies aren't always smart so things could turn out badly for them.