News for Wine Lovers - Thursday 13 June 2024.

Export Italy - First Quarter 2024

The first quarter of 2024 shows a mixed picture for Italian wine exports. Despite the good performances in January and February, March saw a significant decline in sales in the main importing countries. This decline, accompanied by downward pressure on average prices, could create problems for the stability of the Italian wine system.

Borgo Gradis'ciutta: A Total Experience!

Gradis'ciutta, Robert Princic's farm in San Floriano del Collio, offers a unique experience in its renovated historic village. The village can accommodate 25 tourists, immersed in a natural and relaxing environment, near Gorizia and Nova Gorica, which will be the European Capital of Culture in 2025.

Vinòforum returns to the Circus Maximus

Vinòforum returns to Rome from 17 to 23 June 2024 at the Circo Massimo. The event includes guided tastings, dinners with renowned chefs and masterclasses, offering a unique experience among exhibitor stands from all over Italy.

Abruzzo wine: Towards the cancellation of the eight PGIs

In Abruzzo, a public hearing was held for the cancellation of the eight existing PGIs, creating a single Protected Geographical Indication for the region. This reorganization aims to enhance the territory and strengthen the "d'Abruzzo" brand.

Wine Stocks Falling in May 2024

Wine stocks in Italy are down by 7.1% compared to April and by 12.3% compared to the same period in 2023. Currently, there are 46.4 million hectoliters of wine in stock, with the hope that the market can support producers in view of the next harvest.

Kerner Aristos at the G7

Cantina Valle Isarco's Kerner Aristos will be served during the G7 in Puglia. This prestigious event will see South Tyrolean wine accompany the dishes of the famous chef Massimo Bottura, representing the excellence of Italian wine.

Cantina Pliniana: 60 Years of Success

Cantina Pliniana celebrates 60 years with a masterclass on new wines. Founded in 1964, Pliniana today has 380 members and 900 hectares of vineyards. Primitivo di Manduria remains the flagship of the production.

Ferrari Trento: New Underground Cellar

Ferrari Trento has completed the construction of a 12,000 m2 underground cellar. The €20 million project will increase winemaking and storage space, with further modernization plans on the way.

Encyclopedia of Made in Italy at the G7

At the G7 in Puglia, the Heads of State will receive the Qualivita-Treccani Atlas, a work that collects the Italian agri-food heritage. The special gift is presented in an English version, enriched by the preface by Giorgia Meloni and Francesco Lollobrigida.

Antonio Iuzzolini and Hospitality in the Cellar

Antonio Iuzzolini underlines the importance of careful management of the vineyards and the cellar to produce excellent wines, combining tradition and innovation.

The Giudicarie Wine Community is born

A new Wine Community is born in the Giudicarie, with the aim of enhancing local wine products and promoting a wine culture that respects the territory.

Mengone and the Cellar Monster

The show "Mengone and the Cellar Monster" presents a fun and mysterious story, where the protagonist, Mengone Torcicolli, discovers a monster hidden in the cellar during a dark and stormy night.

I paint wine in the cellar

The Momenti Doc association organizes a special event called "Dipingo diVino", an afternoon of painting in company at a winery. With the guidance of Francesca and Italia, participants will be able to paint a picture, even without experience, while tasting wine from the cellar and appetizers. All painting materials will be provided, and each participant will take home their own work of art.

Italian Wine Export - First Quarter 2024

The first quarter of 2024 sees an increase in Italian wine exports of 3.8%, reaching 1.84 billion euros. Veneto and Tuscany recorded growth of 5.7% and 5.1% respectively, while Piedmont saw a slight decline of 1.9%. This data offers an encouraging picture for the sector, despite ongoing challenges.

Wine in Amphora: New Perspectives for the Future

The first national and international event dedicated to amphora wines, "Amphora Revolution", was held on 7 and 8 June at Veronafiere. The event, organized by Merano WineFestival and Vinitaly, represented an important platform for promoting this ancient and innovative technique. Helmuth Köcher and Maurizio Danese said the initiative had laid the foundations for a promising future for amphora wines.

The World Drinks Less

According to data from Nomisma/Wine Monitor, Italian wine exports have grown by 60% in volume and 188% in value over the last twenty years, offsetting the 25% decline in domestic consumption. Italy now exports more quality and bubbles than in 2003, with a focus on quality and marketing as key strategies to address the reduction in global consumption.

Bruno Vespa's wine at the G7

During the G7 in Puglia, Apulian wines will be served, including those of Bruno Vespa. Pierangelo Argentieri, president of Federalberghi, underlined the importance of this occasion to promote Apulian food and wine products. The gala dinner and other food and wine events will present the richness of regional cuisine to world leaders.

“100 Best Italian Rosé”: The Best is a Sicilian Wine

The "100 Best Italian Rosé" guide has revealed the best Italian rosé labels. The fourth edition, edited by Luciano Pignataro Wine Blog, awarded a Sicilian wine as the best. The ranking, drawn up through blind tastings, was presented in an event reserved for the press and sector operators.

Overproduction of Wine: Nature Intervenes

The decline in wine production in 2023, with a reduction of 23.2% compared to 2022, has mitigated the problem of the surplus of bottles. International production recorded a decrease of 10%, highlighting a global trend towards reduction.

Wine Export: Prosecco and Asti Drive Growth

Italian wine exports closed the first quarter of 2024 on a positive note, with an increase of 3.1% in volumes and 3.9% in values, reaching 1.84 billion euros. Prosecco and Asti led this growth, in contrast to the general decline of Made in Italy.

Wine Market: Positive Signs amidst Difficulties

Despite the difficulties due to wars, inflation and decline in purchasing power, the wine market shows positive signs in 2024. Producers such as Albiera Antinori, Michele Bernetti, Luca Rigotti, Elvira Bortolomiol, Giancarlo Moretti Polegato, Raffaele Boscaini, Marcello Lunelli and Francesca Argiolas shared their optimism and the challenges faced.

Resumption of Italian Wine Exports Thanks to Russia

The first quarter of 2024 sees a recovery in sales of Italian wine abroad, with an increase of 3.1% in exported volumes and 3.9% in value. This increase is mainly attributed to orders from the Russian Federation, which offset other areas of uncertainty in the market.

New Consumers and Market Changes in the World of Wine

Wine industry experts discuss new consumer trends, with growing interest in lighter, fresher wines. Gabriele Gorelli, the first Italian Master of Wine, identifies 2015 as the turning point for this trend, which reflects climate, consumption and generational changes.

Thanks for listening, we remind you that today's wine press review was offered by QUIDQUID.

See you tomorrow.