On October 20 and 21, Chicago hosts for the first time Vinitaly.USA , an event organized by Veronafiere and ITA – Italian Trade Agency, to explore the future of Italian wine in the US market. The Italian wine sector continues to grow in the USA, despite economic difficulties: in the first half of 2024, imports exceeded 6.3 million hectoliters, slightly up compared to the previous year.
Eruptions of Taste: volcanic wines protagonists in Pietrarsa
From 25 to 28 October, Pietrarsa hosts the sixth edition of Eruzioni del Gusto , an event dedicated to the promotion of wines and food and wine products from Italian volcanic areas, with a particular focus on Campania. The program includes tastings, show cooking and meetings with producers.
Low-alcohol wines on the rise
In the international market, low-alcohol wines are recording a 16% increase in global sales. However, Italy remains behind countries such as France and Spain. Attention to this category is growing, also to respond to new trends in responsible consumption.
Difficult harvest in Puglia
The 2024 harvest in Puglia has seen both lights and shadows. According to young farmer Benny Porcelli, yields have dropped by up to 50%, although the quality of the grapes remains high. Demand remains strong, but weather conditions have had a profound impact on production volumes.
Dealcoholized wine ready to debut in Italy
The approval of a decree that will allow the production of alcohol-free wine in Italy is approaching. Pioneers like Varvaglione are already exploring this new market, which could open up interesting business opportunities, especially in foreign markets.
Moët Hennessy towards a change at the top
Moët Hennessy , part of the LVMH group, could be in for a shake-up at the top. Philippe Schaus is said to be about to leave his role due to disappointing results in sales of cognac and champagne.
Italian wine-growing lands increasingly valuable
Finally, the value of Italian vineyard land continues to rise, with prices reaching 2.5 million euros per hectare in the DOP and DOCG areas. According to a recent report, demand is driven mainly by the areas producing fine wines.
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