Italian Sparkling Wine Production Sets New Record

Jan 15, 2022 212

An estimated 900 million bottles of Italian sparkling wine were sold in 2021, with sales in foreign markets up by 20%, new data has shown. Production value exceeded €2.4 billion for the first time, and is up by 170% over the past decade, according to data published by the Italian Wine Union (UIV) - Ismea Observatory. Sparkling wine now accounts for about one-quarter of total Italian wine exports.

Sales of Italian sparkling wine in the large-scale distribution channel in Italy for the first eleven months of 2021 grew 22% in volume and 26% in value, year-on-year. Over 316 million bottles were consumed during the end-of-year festivities, up 18.3% on 2020 and 50% higher compared to five years ago. Of this number, almost three out of four were sold abroad, while some 88 million bottles (+14%) were consumed by Italians.

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SOURCE: https://www.esmmagazine.com

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