Italy is famous not only for its wine, but also for its water sources, located in enchanting places. Currently, several water sources are for sale: some operational with a good commercial brand, others closed due to bankruptcy but with potential for revival. An interesting opportunity for investors and entrepreneurs in the sector.
Decree of Exceptional Atmospheric Adversity.
Minister Lollobrigida declared the state of exceptional atmospheric adversity for the wine sector, due to downy mildew. This decree allows the use of CMO funds for the restructuring of vineyards in the affected regions, with a minimum spending limit reduced to three percent
Gsette in Puglia: Venetian Excellence.
At the Gsette in Borgo Egnazia, Villa Sandi represents the Veneto with the Valdobbiadene Superiore di Cartizze DOCG La Rivetta, the only Venetian sparkling wine served to the international leaders present, a symbol of excellence of our territory.
Wine stocks in decline.
Wine stocks as of May thirty-first, two thousand twenty-four amounted to forty-six point four million hectoliters, down by seven point one percent compared to the previous month and by twelve percent compared to last year. Producers are hoping for a good harvest to offset this decline.
Bright future for Italian wine according to Mediobanca.
Despite the decrease in production and consumption, the future of Italian wine seems promising. Mediobanca forecasts world production of two hundred and thirty-seven million hectoliters in two thousand twenty-three, with consumption of two hundred and twenty-one million hectoliters.
Wine in a Can: New Trend on Garda.
The Consorzio del Garda Doc launches wine in cans, an ideal format for tourists on Lake Garda. With twenty million bottles produced every year, it meets the needs of visitors who prefer the convenience of cans.
Export Italy – First Quarter two thousand twenty four.
Italian wine exports saw a fluctuating trend in the first quarter of 2024. Despite good performances in January and February, March saw a significant decline. The pressure on average prices could create problems for the stability of the Italian wine system.
The World Drinks Less.
Italian wine exports have grown by sixty percent in volume and one hundred and eighty-eight percent in value over the last twenty years, offsetting the decline in domestic consumption of twenty-five percent. Italy now exports more quality and bubbles, focusing on targeted marketing strategies.
Wine Export: Prosecco and Asti Drive Growth.
Prosecco and Asti drove the growth of Italian exports in the first quarter of 2024, with an increase of three point one percent in volumes and three point nine percent in values, reaching one point eighty four billion euros.
Wine Market: Positive Signs amidst Difficulties.
Despite the global difficulties, the wine market shows positive signs in 2002. Prominent manufacturers shared their optimism and challenges faced.
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