Italian wine exports update as of April 2024

With a leap of 16% in the month of April, Italian wine exports closed the first four months at +7% (2.53 billion euros) and brought the clock of the last 12 months back to zero, i.e. 7.93 billion already seen these times just a year ago. The April data taken individually has little relevance, being impacted by the timing of Easter (which had had a negative impact in March, -4%) and by a more favorable basis of comparison (April 2023 was the first negative month of the year , -4%), but the result is certainly positive, especially since one of the two components (that of the favorable comparison base) will also recur in the next 5 months, from May to September inclusive. It is useless to recall the usual hierarchies, sparkling wines better than still wines (+23% versus +15%). It is perhaps worth making one of the other usual considerations on these pages: the data remain strongly driven by volumes and not by the price/mix: ...