Wine Idea's wine news for September 10, 2024!

Market Trends: Domestic Downturn and Overseas Recovery

Sales Decline in Italy : In the first half of 2024, wine sales in the Italian retail channel recorded a 3% decrease in volume, while in value a modest increase of 1% was noted. This trend reflects a transition phase in the national wine market, with a widespread reduction among the various distribution formats.

Growth Abroad : Despite the domestic contraction, the foreign market shows signs of recovery, thus supporting the Italian wine sector.

Innovation in Labeling: Geo-referencing in Italian DOCs

Vineyard Details on Labels : In line with French terroir practice, Italian wines with designations of origin will now also include additional geographical mentions, allowing consumers to better understand the territorial specificities of the vineyards.

Regional Food and Wine Experiences

Alto Adige Wine Road : Autumn is the ideal season to explore this region rich in indigenous wines and local varietals.

Trekking and Tastings in Valpolicella : An excursion scheduled for September 29 will offer a full immersion in the beauty and flavors of Valpolicella.

Specific Market Data

Detailed Sales Analysis : In retail, the cash & carry channel showed a growth of 3.6%, while discount stores and supermarkets recorded more moderate increases. These dynamics highlight an increase in the average price per litre, reflecting a strategy of product valorisation.

European Policies and Perspectives

EU Meetings on the Future of Wine : Recent meetings of the “high level group” have discussed issues such as climate change and managing production potential, aiming to stabilise the European wine market.

Special Events & Festivals

Franciacorta in Cantina Festival : From 13 to 15 September, this festival celebrates DOCG wines with a series of cultural and food and wine events.

Bottarga Festival and Cantina Contini : A weekend of events in September focused on the celebration of bottarga with the participation of renowned chefs.

Social and Cultural Initiatives

Solidarity Harvest at Le Manzane : A charity event that involved the community in the grape harvest, with funds donated to fight youth hardship.

Sylvatica at Podere Pantaleone : An event that combines music and nature to celebrate the anniversary of the protected area.

Cultural and Gastronomic Events

"Books in the Cellar" - LentaMente : An invitation to reflect on time and contemporary society, through the prism of literature and wine culture.

Export Successes

Cantina Settecani : A strong increase in exports signals the resilience and dynamism of this winery in the global winemaking panorama.

Celebrating Tradition and Quality

Vermentino Solosole Poggio al Tesoro : An exclusive event in Bolgheri that highlights the excellence and heritage of the winery in the context of an important anniversary.

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