Italy: Sparkling wine exports (update for the first half of 2024)

Exports of Italian sparkling wine continue to grow at a good pace, +7%, for a value of 1079 million in the first half of 2024, with an even greater volume, +11%, or 2.54 million hectoliters. These are obviously data relating to the less important part of the year for sparkling wines but it is still a positive figure, especially because it is driven in a rather homogeneous way at a geographical level, with the exception perhaps of Russia. If we "break down" the improvement of the first half of the year, about 70 million euros, 26 million come from the USA and UK, which are 40% of the total, another 20 million come from the rest of the world ex Russia, which represent about 50% of the total and 24 million come from Russia. Now if we wanted to forget about Russia, we could say that the growth instead ...