If this message is not displayed correctly click here |
Issue 693 - August 5th - 9th 2024 - Expressly created for 4828 wine lovers,
professionals and opinion leaders from all over the world | |
|
|
| | | The bubbles branded Franciacorta accompanied the celebrations of 3 new restaurants achieving 2 Michelin stars in California (Aubergine, Sons & Daughters and Vespertine, for a total of 13 double-starred restaurants in the country) and 7 new Michelin-starred restaurants (85 in the “Golden State”) and the prize for the California’s Best Sommelier of the Year to Ian Krupp from the restaurant Anajak Thai in Los Angeles. During the presentation of the Us Michelin Guide at the Ritz-Carlton in Half Moon Bay, the partnership between the Franciacorta Consortium and the Michelin Guide in the United States has begun, which will last for the next three years.
| |
|
| | For the fifth consecutive month, although with a lower percentage than the last survey, the trend of the Italian wine market in the world remains in positive territory. News that has its weight given that, it should not be forgotten, some market difficulties persist for the sector, but which, also in light of the harvest that will characterize the next few weeks, can represent an injection of confidence. According to Istat data updated today and analyzed by WineNews, in the period from January to May 2024, exports of Italian wine, globally, exceeded 3.2 billion euros (+4.9 % in value over the same period last year, it was +7% in April) and the 886.5 million liters (+5% in volume over the first five months of 2023, slightly down on the +5.8% recorded in the first quarter) updated today and analyzed by WineNews, in the period from January to May 2024, exports of Italian wine, globally, exceeded 3.2 billion euros (+4.9 % in value over the same period last year, it was +7% in April) and the 886.5 million liters (+5% in volume over the first five months of 2023, slightly down on the +5.8% recorded in the first quarter). In detail: the United States confirms itself as the first wine partner for Italy, for a value of 792.8 million euros (+5.5%), ahead of Germany, (485 million euros, +1.2% ) and the United Kingdom (317.1 million euros, +6%). Switzerland drops (164.4 million euros, -4.6%), while Canada exceeds 145 million euros (+5.4%). France exceeds 128 million euros in imports, but loses almost -5.9%. Russia is excellent at 112.1 million euros (+97%), while the Netherlands reaches “triple figures” with 102.9 million euros of imports (+8%). Belgium drops to 88.6 million euros (-2.5%) and, closing the top ten, Sweden (81.7 million euros, -3.9%). The data for Japan is very good, exceeding 78.7 million euros of imports in the first five months (+7.2%), and that of Denmark (64.7 million euros, +4.9%), then Austria (64.4 million euros, +21.8%) and China (36.7 million, -6.1%) and South Korea (-8%, 22.4 million euros of imports) return to decline. Although there has been a slowdown compared to the last survey in April, and with the always valid premise that it is still early to really understand how the markets will go in 2024, the numbers speak, on an overall level, of an improving trend in 2023.
| |
|
| | The liveliness and growth rates of the Italian and foreign wine market of a few years ago are a dream. But today, despite many contingent difficulties, such as economic or structural ones, such as the change in the consumption model, with a decrease also linked to the growth of health-consciousness, things seem to be slowly improving as 2024 develops. This is stated in the half-yearly report of Masi Agricola, a company listed on Euronext Growth Milan and among the Italian leaders in the production of premium wines, like Amarone della Valpolicella, whose board of directors approved the consolidated results for the first half of 2024 which show revenues of 30.2 million euros (at -8.8% on the first half of 2023, but also at +1.5% compared to the first half of 2019 pre-Covid), and a good opening of orders for the second half of the year (in deph).
| |
|
| | | Microsoft Italy and the Istituto Poligrafico e National Mint have signed a bilateral agreement that launches a strategic collaboration based on AI to protect the authenticity of Italian products from the phenomenon of counterfeiting, and one of the pilot projects will concern precisely the Prosecco Doc Consortium, the most exported Italian wine in the world, but also the most imitated. The agreement includes the development of a virtual assistant based on Azure OpenAi artificial intelligence, together with Copilot and the Mint’s proprietary models capable of verifying the authenticity of products and analyzing traceability data. As regards Prosecco Doc, the most loved Italian bubbles in the world, with 616 million bottles produced in 2023 (81% of which destined for export), the creation of a generative artificial intelligence chatbot called Brand Protection Assistant is planned: a tool that will provide users with a series of useful information about the product, including verifying the authenticity of the labels with a simple photo of the State label. Furthermore, through the photo of the label, the virtual assistant will be able to provide detailed information on the origin, characteristics and combinations: a replicable and scalable pilot project also for all other Made in Italy products.
| |
|
| | | Wine sales in large-scale Italian distribution continue to decline in 2024. After March, the last three months have seen a decrease in the balance of half-yearly sales with a total of -2.5% in volume. Slight increase (+0.6%) in the overall value of sales of Italian wines and sparkling wines, which are close to 1.4 billion euros, due to a -0.1% of still wines and a +3.5% of sparkling wines. A contraction, as regards volumes, which confirms the difficulties of still and sparkling wines (-13.5%). This is what emerges from the Nielsen-IQ data of the Uiv-Ismea Observatory.
| |
|
| | Another testimony of the Romans’ love for wine, in addition to the profound competence with which they produced it: in San Gimignano, in the Vernaccia area - already suitable for centuries - a cellar dating back over 1,800 years ago was discovered in the archaeological excavations of the villa of Aiano (4th-7th century AD), carried out since 2005 by the Université Catholique de Louvain, Belgium, with the Municipality of San Gimignano. A building that was used for both the production and conservation of wine.
| |
|
| | Investments in hospitality and wine tourism, to underline its role and its Tuscan identity. But also more support for winemakers, to increase quality, critical mass and remuneration. Prosit Group (founded by Sergio Dagnino) after acquiring it in 2022 for 12 million euros, continues to invest in the territory and on the Cantina di Montalcino, a piece of history and the only cooperative winery in the Brunello area, and which, due to its beauty and peculiarity, is part of the “Toscana Wine Architecture” circuit (in depth).
| |
|
|
|
