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Issue 481 - July 13th - 17th 2020 - Expressly created for 11.897 wine lovers,
professionals and opinion leaders from all over the world |
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Antinori in Chianti Classico, an architectural masterpiece by Marco Casamonti; Ceretto, one of the most important realities of the Langhe, always a pioneer of the combination of wine and art; Gaja, Barbaresco’s iconic winery, led by Angelo Gaja, who only a few years ago opened to visits to the winery with all the proceeds of this activity going to charity: here are the three Italian realities in the “World’s Best Vineyards 2020”, the ranking of the most beautiful wineries in the world, made by the judgements of an “academy” formed by over 500 wine experts and travellers, who judge according to the overall experience that each reality offers. |
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A sharp loss of -12.3% in value, equal to a drop of 329 million dollars: this is the steep amount of the seven months of wine imports into the U.S. between November 2019, the first full month of application of duties on many European wines, especially French, by the U.S., and May 2020, with the weight of the pandemic that, in the U.S., is still in full force, on the period November 2018-May 2019. To calculate this, the Spanish Wine Market Observatory. During the period in question, the USA imported a total of 409 million liters of bottled wines (-5.3), for a total value of 2.34 billion dollars, with an average price per liter that fell by 7.4% (from 6.2 to 5.7 dollars per liter). The loss in value is almost all on the shoulders of France, which lost 289.5 million dollars out of a total negative balance of 329 million dollars, with a drop of -36% (accelerated in March, April and May 2020, with losses between -46% and -56% month on month on 2019). Among the main exporters in the U.S., down also Spain (-8%, to -12.1 million dollars), Australia (-14.4% for a loss of 25 million dollars) and Argentina (-2%, with a negative balance of 3 million dollars). Italy is holding up, which, in the period under review, according to Oemv, with bottled wines achieved a growth of 2.7%, with an increase of 22.9 million dollars, and New Zealand is also growing, at +8%, with a positive balance of 17.8 million dollars. In addition to the overall figure, on which, in addition to duties, as mentioned, the reduction in consumption outside the home imposed in the many U.S. States by the Covid emergency also weighs heavily, with part of the consumption that, as in the rest of the world, has shifted between the home, but turning, it seems, to cheaper wines, at least according to the values of important wines. France is among the countries most affected, with a loss of 21%, and an average price per liter, however high, dropped from $8.8 to $7.7. A downward trend in prices that seem destined to weigh on for a while, at least looking only at the data of more 2020: in the same month of 2019, the U.S. imported more wine in quantity (+1.3%) but left 150 million dollars less (-26.3%), with the average price that, month after month, fell from $ 6.5 to $ 4.7 per liter. |
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Investing in a difficult moment, focusing on the promotion of quality products and creating new jobs is the recovery message that Signorvino has launched in the post-lockdown era. And, it is keeping its promise announced during the period of forced closure; that is, inaugurating the new store, number 18, on July 15th. Signorvino has chosen the Capital of Italian culture 2020-2021, Parma, to celebrate “coming of age”. The store will be in the Gallery. The occasion of this new opening has the aim of also building real ties with the territory; therefore, Signorvino will also present a wine created in collaboration with Ceci, the wine brand symbol of the territory - a limited edition of Lambrusco Otello produced in 2.000 bottles only, winner of several awards, which is a combination of taste and territory and the labels designed by young Parma artists. |
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The vineyards of the thousand-year-old Abbey of San Galgano still live there, where, in 1200, the Cistercian monks who had learned to make wine in Burgundy planted them. They are grown as saplings, today as then, but with modern clones and advanced techniques. A story that intertwines modernity and the Middle Ages, one that involves one of the most famous abbeys in the world, with its cross-shaped roof open to the sky, and the Nenni Farm, led by Pierpaolo Fontana Nenni (grandson of the famous politician, journalist and leading exponent of the Italian Socialist Party Pietro Nenni). “An adventure that really began by chance, around 2007, when I came to San Galgano and the farm that later became the company - explains to WineNews Nenni - the first vintage produced was 2012, a few thousand bottles, but the real release was 2013, with the labels dedicated to San Galgano. And we immediately registered the San Galgano and Spada brand, fearing that others would do it. The vineyards, 5 hectares, are those that had identified the Cistercian monks, the estate was that of the monks, there are still traces of their presence. Everything is organically managed, all the wines are “single vineyard”. For a history that brings together the Middle Ages and modernity of wine. With the legacy of San Galgano. |
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In most parts of Europe, the COVID emergency seems to be loosening up, in the USA the situation is dramatic. From the States bad news arrives: the “New York Wine Experience” of “Wine Spectator”, with Italy always protagonist, for the first time since 1981, will not take place. Appointment at 2021. An announcement, that of the American magazine, which follows, of a few weeks, what, instead, seemed a confirmation, with dates, fixed from October 22 to 24, in the historic location of the New York Marriott Marquis Hotel, which will instead host the 2021 edition (October 21 to 23). |
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France and Italy, which have always been competitors on the markets, are looking more and more closely at each other as allies. With high-level joint ventures. Like the one between AdVini, a large French company with over 2,300 hectares of property and 28 wineries in all the most important territories of France, but also in South Africa, led by Antoine Leccia (with a turnover of 286.6 million euros in 2019), and La Collina dei Ciliegi, the winery in Grezzana in Valpantena, led by Massimo Gianolli. Two realities that have created the newco Advini Italia Spa (51% Advini and 49% La Collina dei Ciliegi), in a project that looks at the market, distribution and wine tourism. |
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Wine stocks in Italian wineries decrease. The latest report of the Ministry of Agriculture “Cantina Italia”, as of July 8, 2020, records the presence of 44.1 million hectoliters of wine, 2.1% over the same period 2019. At the regional level, there are 10.8 million hectoliters in Veneto wineries, 5.3 million in Tuscany, 4.7 million in Emilia Romagna and 4.2 million in Puglia, while Piedmont does not reach 4 million. Among the denominations, the largest stocks are those of Prosecco Doc, with 2.7 million hectolitres (7.9% of the total), and then Chianti and Montepulciano d’Abruzzo (1.2 million hectolitres each). |
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