Herdade dos Lagos is a Baixo Alentejo estate at Vale de Açor, Mértola, run by Sociedade Agrícola Herdade dos Lagos, Lda, whose registered activities combine farming and livestock, winemaking and the production of wind, geothermal and solar electricity. Its organic red Herdade dos Lagos Carapeto entered Systembolaget’s order range on 1 March 2024 through the importer Iconic Wines and became one of the monopoly’s larger Portuguese organic listings, with 19,204 litres sold in 2024 before volume fell to 4,442 litres in 2025.
Carapeto is the estate’s organic Alentejo red, and in Sweden it was a fast starter. Listed in Systembolaget’s order range from 1 March 2024 at SEK 129, it sold 19,203.75 litres in its first ten months — about 25,600 bottles — which placed it among the larger single-estate Portuguese reds in the monopoly’s 2024 ledger and among its biggest Portuguese organic lines. In 2025, with the ledger price at SEK 159, the volume dropped to 4,441.5 litres, a 77 percent fall that tracks the shift of Swedish demand away from mid-priced glass bottles and towards bag-in-box that NorthSouth HQ documented in its analysis of the full 2025 ledger. The article is still listed in the order range through Iconic Wines, back at SEK 129, as of 28 September 2026.
The company behind the wine is an agricultural business first. Sociedade Agrícola Herdade dos Lagos is registered at Vale de Açor in the Mértola municipality, in the dry interior of the Baixo Alentejo near the Guadiana, with combined crop and livestock farming as its main activity and winemaking alongside; unusually for a wine estate, its registered objects also include the production and sale of wind, geothermal and solar electricity, reflecting the renewable-energy land use that has spread across the Mértola and Serpa plateau. Sweden is the estate’s documented Nordic outlet; NorthSouth HQ found no Herdade dos Lagos listing at Vinmonopolet in Norway as of 28 September 2026.
Herdade dos Lagos shows both sides of the Systembolaget opportunity for Alentejo producers. Organic certification and an importer with a route into the order range delivered nearly 20,000 litres in a first year; a SEK 30 price increase and a market rotating into bag-in-box took three-quarters of that volume away in the second. The lesson for Portuguese exporters is that the monopoly’s order range is a listing, not a guarantee — price position and format decide the reorders.
Systembolaget’s 2025 article ledger recorded 4,441.5 litres for Herdade dos Lagos Carapeto against 19,203.75 litres in 2024; the article remained in the order range at SEK 129 on 28 September 2026 (Systembolaget product database).
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