Italian wine exports surge to €3.7b in the first half of 2023

Oct 23, 2023 708

A recent analysis from Mediobanca’s Research Department reveals that in 2022, inflation acted as a tailwind for Italian wine producers, boosting their revenues by an impressive +9.1% on average. This growth was primarily driven by the Horeca channel, which saw a remarkable +19.9% increase, and the premium segment, which recorded a solid +13.7% uptick.

For the Italian wine supply chain, internationalization remains a strategic imperative. In 2022, Italian wine exports reached a substantial value of 8 billion euros, marking a robust +12% growth compared to the previous year. Projections for the first half of 2023 indicate an estimated figure of around 3.7 billion euros.

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SOURCE: https://news.italianfood.net

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