EXCELLENT VALUE PERFORMANCE FOR THE EXPORT OF ITALIAN SPARKLING WINES

EXCELLENT VALUE PERFORMANCE FOR THE EXPORT OF ITALIAN SPARKLING WINES

In 2023 the Italian sparkling wines have achieved excellent results in value despite a slight decrease in volumes. In fact, the export result of this category increased to 2.2 billion euros (+3.5% compared to 2022) with a total volume of 502.8 million liters (-2.1% compared to 2022).

Sparkling wines are worth about 25% of the total exports of Italian wine abroad and represent just under a quarter of the total volume.

Looking at the trend of the main markets, there is a varied situation, the leading nation is the United States with a value of 492.7 million euros (-5.7%), followed by the United Kingdom with 411.2 million euros (+3.3%) and Germany with 145.8 million euros (+5.9%). The most significant increase is seen in France, which rises dramatically to 130.3 million euros (+25.6%) thanks almost exclusively to Prosecco. Excellent growth also for Switzerland reaching 83.6 million euros (+6.5%) and slightly surpasses Russia (major importer of Asti DOCG) which last year fell to 83 million euros (-8.6%). Canada remains almost stable 58.1 million euros (-3.7%).

Closing the ranking, in sharp decrease, Japan 37.6 million euros (-15.7%) and China 11.2 million euros (-20.2%).

Source: Wine News

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