Italian wine exports; update as of May 2024

Published Aug 11, 2024

Tridge summary

Exports from Emidio Pepe's agritourism have seen a 2% decrease in May, bringing the total to 704 million euros. Despite this, the year-to-date exports are up by 5% and over the past 12 months, they have increased by 1%. The export volume has also seen a 2% increase in May. The USA market has recovered, but the Swiss, French, and Swedish markets have regressed both monthly and over the past five months in 2024.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Today (for publication tomorrow) I am writing the post on exports from Emidio Pepe's agritourism, an experience that I recommend to everyone. The May figure shows a 2% drop to 704 million euros. Comment: unpredictable to say the least. In April, exports had risen by 16% against -3% in April 2023. This year in May they fell by 2% against a 4% drop in May 2023, which would have ideally offered a better basis for comparison. It is therefore worth focusing on the 5 months of the year, which are positive at +5% and on the figure for the last 12 months at the end of May, +1%. If anything, last month's considerations are even more valid: exports continue to be driven by volumes, even in May +2%, bringing the balance of the 5 months to +5%. In the coming months, the support of volumes could be missing. ...

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