Wine exports of Italy – first semester update 2024

Published 2024년 9월 15일

Tridge summary

In the first half of the year, Italian wine exports increased by 3% in value and 2% in volume, despite a 5% decline in June. This growth was driven by shipments to non-mainstream countries and a higher demand for sparkling wines. In contrast, French wine exports fell by 9.7%, while Australia and the USA experienced higher growth rates of 7% and 5% respectively. The article raises concerns that Italy's growth trend may be lagging behind other countries, potentially affecting future performance.

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

Original content

With a second negative month in June (-5%), Italian wine exports closed the semester at +3%, for a value of 3,886 million euros, with a growth in volumes of 2%, 10.6 million hectoliters. The positive data is justified above all by shipments outside the main countries (to be clear, the “top-5” +2%, all the others +5%) and obviously of sparkling wines over still wines (sparkling wines +7%, still wines +2%). The most important consideration, however, comes from looking outside our borders because by doing so the Italian data becomes much more positive. At the end of June, French exports fell by 9.7% and among the major world exporters, only Australia and the USA grew more in the semester (7% and 5% respectively), the former solely due to the reopening of the Chinese borders to their product. So, exports did well after ...

Source: Inumeridelvino