Sparkling wine exported from Italian in 2021

Published 2022년 3월 15일

Tridge summary

In 2021, Italian exports of sparkling wine, mainly Prosecco, saw a significant increase of 23% from the previous year and 15% from 2019, reaching a value of 1.8 billion euros. This growth has greatly contributed to the overall increase in Italian exports, which rose by 12.6% in 2021 compared to 2019. The market for Italian sparkling wine in Russia and Ukraine is substantial, with imports reaching 90 million euros in 2021, or 5% of the total. However, the market in England is still experiencing a decline, being around 10% below the 2019 level. Growth in other markets like Belgium, Austria, and Sweden was particularly high, with increases of 73%, 32%, and 33% respectively from 2019.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Exports of sparkling wine to Italy reached 1.8 billion euros in 2021, 23% more than in 2020 and 15% more than in 2019. This is a figure that "drags" the rest of Italian exports, which grew by 12.6% on 2019. The main growth driver remains Prosecco, which of these 1.8 billion represents 1.3, and which is + 30% on 2020 and + 25% on 2019. 2022 will not be an easy year. The exposure to Russia and Ukraine of our sparkling wine is well above the market average (ie France and Spain). According to UN Comtrade data from 2019, imports of Italian sparkling wines in 2019 in these two markets were $ 143 million, compared to $ 66 million in France and $ 21 million in Spain. In the data we comment on today, these two markets imported for 90 million euros, 5% of the total, divided between 4% of Prosecco and 18% of Asti (without considering possible repercussions on Latvia for example, which would add another 7% to the total bill) Returning to our numbers and to the tables that you will then ...

Source: Inumeridelvino