Wine, imports decreasing in the first quarter of 2024 in Italy

Published 2024년 5월 31일

Tridge summary

The Nomisma Observatory's latest report reveals a continued decline in total wine imports in the top 12 global markets in Q1 2024, with a notable exception being Italy, which experienced a less severe decrease compared to the general trend. Despite falls in both value and volume, Italy's performance outpaced the average, with the United States, the United Kingdom, Canada, and China showing growth in imports from Italy. Sparkling wines from Italy, in particular, saw positive trends in the UK, France, Canada, Australia, and China, with slight price increases for these categories.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

But Italy's performances are less negative than the general trend According to what emerges from the latest Wine Monitor report, the Nomisma Observatory dedicated to the wine market, in the first quarter of 2024 the negative trend of total wine imports in the 12 main world markets continues - representing over 60% of global purchases of wine in value - reflecting what has already happened during 2023. Italy better than other countries In this negative context, wine imports from Italy, although also showing drops in values and volumes, perform better than the general trend. In particular, in the first three months of 2024, value purchases from Italy in the main world markets fell - at a cumulative level - by -0.9% compared to a general contraction of -8.7%. «Compared to the same period of the previous year, on a cumulative level, imports in the first quarter of this year on the main international markets decreased almost everywhere. The only exception in terms of value was recorded ...
Source: Terraevita

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