Wine: A subdued 2023, but Italian exports are holding up more than their competitors

- Italian wine exports close on 2023 with a trend decline of 1% in volumes (21.4 million hectoliters) and 0.8% in values, to just under 7.8 billion euros. Yes it concerns, as highlighted by the elaborations of the Uiv-Ismea Observatory on an Istat basis, the third budget annual negative recorded in the new millennium, after the economic-financial crisis of 2009 and the Covid effect of 2020. But unlike the previous two, he notes the Observatory, this year's data highlights not only certain difficulties by cyclical variables but also by structural factors, which Furthermore, they seem to unite all the main producing countries. Italy However, it confirms its leadership in exported volumes with Spain which drops to just over 20 million hectoliters (-4.1%). Compared to the slight overall contraction, yes intensify the difficulties of those typologies and production areas that are the flag of the made in Italy oenological. This is the case of still wines with denomination ...