If this message is not displayed correctly click here |
Issue 684 - June 3rd - 7th 2024 - Expressly created for 4793 wine lovers,
professionals and opinion leaders from all over the world | |
|
|
| | | Fifty years ago, Antinori family presented Tignanello 1971, the first vintage of a milestone in oenology, which started the “Renaissance” of Italian wine, and the “Super Tuscan” phenomenon. To commemorate its history, Marchesi Antinori kicked off the celebrations with a tasting of five vintages from its five decades (1971-2021) at Tenuta Tignanello, in Chianti Classico, where its famous hill is located and with “Ars Una”, an impressive site-specific installation by Felice Limosani, which, for the first time, has been placed in Palazzo Antinori in Florence, where the historic family will also contribute to the first restoration of Ponte Vecchio.
| |
|
| | A few days before the European vote, the world of Italian wine is wondering about the numerous challenges it will have to face for a future that is already present, among well-known and global-scale problems that seem to become structural, decline in consumption and climate change, but not only. And it will have to do so without falling into a “great depression”, also thanks to some data showing significant growth that has spanned the last few years. Numbers are always important, even more so for a dynamic sector such as the wine sector which in Italy is worth 21.5 billion euros in turnover, 2,600 companies, 30,000 employees and 21% of Italian food & beverage exports. An export that in 2023 came close to 8 billion euros, almost in line with 2022, closed as a record year. But what is most striking is the performance recorded in the last twenty years: in 2003 Italy was a leader in 9 countries covering 17% of global exports, in 2023 it leads in 46 countries reaching 22% of the overall share. A virtuous path that has brought it closer to France and which, translated into other figures, means +188% of export value in the twenty-year period, with exports accounting for 50% of the turnover. Statistics that smile on the sector and that also “embrace” the spirits and vinegars themselves, a growth that can be defined as vital and which counteracts internal consumption which has fallen in a structural way. But the sector is grappling with crisis scenarios that impact the trade of the product even outside its borders, and therefore international tensions, “health warnings”, and without forgetting the demographic issue with a country that is aging. Nonetheless, “away from home” continues to rhyme with socializing in front of a glass and good food, for Italians, but the wine competition has increased. And with the average age rising, the forecasts do not seem rosy, unless there is a change of pace which can also be given by an appeal and a more effective language towards young people. Topics discussed in the Federvini General Assembly in Rome (in depth).
| |
|
| | In 2023, according to Observatorio Español del Mercado del Vino (Oemv) data, analyzed by WineNews, world wine trade decreased by 6.5% in volume, stopping at 9.8 billion liters (-679 million). In terms of value, there was a drop of 4.7% and therefore 35.9 billion euros (-1.7 billion) with the average price increasing by 1.9% over 2022, in part due to inflationary pressure, with 3.66 euros per liter, a record. In 2023, all types of wine decreased in volume, although sparkling wines and bag in boxes grew by 0.8% in value. Italy is the country that has lost the least in volume, with a drop of 21 million liters in 2022.
| |
|
| | | The 77th Assoenologi Conference held in Cagliari focused on an in-depth analysis from market players in the various leading Countries. Jon Moramarco, Manager of the BW166 Market Research Agency, for the United States, Maximilian Scheld, Managing Director of Weinland Ariane Abaya, one of the most important distributors on German soil, for Germany, Nicholas Moschi, Purchasing Director of Liberty Wine London, for the United Kingdom, and Leo Xiangxin Kong, Italian wine educator, for China. The USA, the leading Italian and world market, has 50 different markets, as many as there are States in the Union. Post-Brexit United Kingdom has its dynamics and its challenges. Germany, historically a market of quantity rather than value, very low average prices of wines, except for the HORECA segment, where Italy is the leader. China is the eternal promise with its ups and downs, and is struggling to emerge. These are very different markets in terms of types of consumption, prices, rules and demographic composition of consumers. However, they all have one aspect in common, except for the large Asian country. They all have registered a more or less substantial drop in consumption, which has pushed and forced the entire supply chain, to not lose profitability due to smaller quantities of product circulating on the market.
| |
|
| | | Matteo Lunelli, CEO of Gruppo Lunelli, president and CEO of Ferrari Trento, a brand of Italian sparkling wine, and Trentodoc, one of the reference names in the world wine scene and made in Italy symbol around the world, was appointed Knights of Labor by the President of the Italian Republic Sergio Mattarella (proposed by the Minister of Enterprise and Made in Italy, Adolfo Urso). Wine, but also “food”, among the 25 new Knights of Labor, there are also Carmine Caputo, head of Antimo Caputo, and Edoardo Roncadin, “king” of frozen foods. | |
|
| | The best rosé in the world is Italian: the Cannonau di Sardegna Doc Rosato Nudo 2023 by Siddura, Sardinia’s leading wine brand, No. 1 of the “50 Great Rosé Wines of the World Competition” 2024, of Barcelona, which tells the lively and dynamic panorama of rosé wines. With Italy dominating the podium, with the Marche Igt Sensuade 2023 by Santa Barbara at No. 2, and the ranking, thanks to rosés such as the Chiaretto by Vigneti Villabella and the Rosé Sibilla Della Gherardesca by Cantina di Montalcino and many wineries, from Torrevento to Tenuta di Sticciano, from Marisa Cuomo to Il Poderone, from Fontanafredda to Míer Vini, from Cantina Dorgali to Cascina Guido Berta, from Cantine Agriverde to Palamà, from Fattoria di Magliano to Cantine Macchie Santa Maria, from Muri Gries - Cantina Convento to Setaro. The No. 3 is the Freixo Special Edition Rosé 2022 by Herdade do Freixo II.
| |
|
| | Venice is rich in ancient vineyards, where wine has never stopped being produced. The latest project is born in the oldest urban vineyard in Venice, located in San Francesco della Vigna. A complex that houses the Convent of the Friars Minor, the Institute of Ecumenical Studies, the Library and three cloisters, one for the vineyard. Since 2019, Santa Margherita has been taking care of it supported by its agronomic know-how, and today it has unveiled its latest fruit: “Harmonia Mundi”, the first sparkling wine produced from the grapes of the convent.
| |
|
|
|
