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Issue 676 - April 8th - 12th 2024 - Expressly created for 4731 wine lovers,
professionals and opinion leaders from all over the world | |
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| | | Wine patronage is widespread in Italy and it has now definitely risen to a new level: the Antinori family, at the head of the most authoritative and appreciated group and brand in the world of Italian wine, will work alongside the City of Florence in the conservative restoration of a place that is an icon not only of the “Cradle of the Renaissance”, but of Italy as a whole throughout the world, namely Ponte Vecchio. This is the first restoration of its kind carried out on the work, which is also one of the most visited places in the city, to restore it to its former glory. As part of an intervention that, in total, will commit resources of 2 million euros.
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| | “Wine is a vector of culture, an ambassador of territories, a fundamental element of cultural and intellectual policy, we must transmit this to future generations. Young people must discover the beauty of wine and distinguish it from other alcoholic beverages. Wine is unique because it is an agricultural product, anchored in the territories and must be a real expression of the places of production. I hope that a common document will come out of this conference and the one in Dijon in October to support the supply chain”. So said Luigi Moio, president of the International Organization of Vine and Wine (OIV), at the “Wine Ministerial Meeting”, in Franciacorta, at Ca’ del Bosco (in Verona, for OperaWine and Vinitaly), an initiative desired by the Minister of Agriculture, Francesco Lollobrigida, together with the OIV president, an organization celebrating 100 years of history, in a moment of international confrontation to face the challenges and design the future of world wine. Reflections that are also the basis of the technical document, presented to the delegates of the various countries at the start of the meeting, divided into six chapters and priorities (Strategies for viticultural sustainability; Genetic diversity of plant material and climate change; Quality production and technologies with low environmental impact; Strengthening the market for fresh grapes and other processed vine products; New balances between supply and demand in the wine market; Information on the value of wine and its traditions, ed.) that formed the pivot of the work and discussion, and which will then be refined in the final version, to be published in October 2024, in the OIV’s centennial celebrations in Dijon. A meeting, today’s, that brought together the great wine powers such as France and Spain but also representatives from Albania, Algeria, Armenia, Austria, Azerbaijan, Bulgaria, Chile, Cyprus, Georgia, Germany, Greece, North Macedonia, Moldova, Montenegro, New Zealand, Peru, Portugal, Czech Republic, Romania, Serbia, Slovakia, Spain, South Africa, Sweden, Switzerland, Hungary, and Uzbekistan, and that has begun to produce the first results. “We are all optimistic. It is not possible to think of a future without wine, this is undoubted”, Luigi Moio stressed (in more detail). | |
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| | Italian wine is going through a moment of “transition”, with many challenges ahead to face. But, at the same time, it can count on solid foundations having on its side an invaluable baggage made of landscape, history, culture, identity, but also of numbers. Numbers that are part of the overview of “L’Italia del vino” by Ismea (March 2024), which provides a detailed snapshot of the sector in 2023. Starting with the 13.8 billion euros in total turnover, which represents 10% of the entire agri-food turnover, or the value of exports that fell to 21.4 million hectoliters (-1%) for a value of 7.8 billion euros (-0.8%) and an import that grew to 2 million hectoliters (+1) with a surge in value up to 574 million euros (+22%).
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| | | It is decidedly positive, for 2024, the sentiment of the majority of Italian wine companies, which, after the first quarter of the year, see, in most cases, an increase in turnover over the same period 2023, thanks mainly to a growth that, in many cases, is also sustained by exports, against an Italian market in which it is more the turnovers that decrease by a few percentage points, on those that grow. A general picture with which the sector is approaching Vinitaly 2024, now just around the corner, staged in Verona April 14-17, emerges from the WineNews survey on the economy in the 2024 quarter, with the vision of 18 top Italian wine realities, which put together an aggregate turnover of more than 2 billion euros (representing more than 14% of the entire turnover to production, of the sector), with a diverse sample, made up of small companies of great blazon, large structured groups with wineries and brands of great prestige, and cooperatives that, for some time, have focused on quality and the building of important and well-positioned brands on the market (in more detail). | |
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| | | They speak of “a narrow path, from which to exit quickly”, the Italian Wine Cooperatives, which hold 34% of the turnover generated by exports. All this cannot hide, however, the critical issues that continue to undermine the competitiveness of companies and that risk, in the long run, having impacts on the sector's supply chain as well. “The number one problem is called the cost of money”, explained Luca Rigotti, president of Confcooperative’s Wine sector and at the head of Trentino-based Mezzacorona (in more detail). | |
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| | The entrepreneurial story of Marilisa Allegrini, pioneer of Amarone and Italian wine in the world, first Italian wine woman to win the cover of Wine Spectator (2017), also named Cavaliere del Lavoro in 2020, becomes a real brand: “Marilisa Allegrini” is the name of the new family group that counts the three estates that Marilisa Allegrini carefully chose and developed in Veneto and Tuscany (Villa Della Torre in Fumane, Poggio al Tesoro in Bolgheri, San Polo in Montalcino), and led together with her daughters Carlotta and Caterina, after the separation from her grandsons Francesco, Giovanni and Matteo Allegrini, heirs of Franco Allegrini, and Silvia Allegrini, heir of Walter Allegrini, who, in recent months, took over the majority of the Veronese companies Allegrini and Corte Giara. | |
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| | Enhancing the value of native grapes through Abruzzo’s sparkling wines and the Trabocco collective brand, strongly anchored to one of the symbolic images of the Abruzzo sea, the trabocco, to integrate Abruzzo’s wine offerings. Creating a “pop” sparkling wine that meets what consumers are looking for, while still capable of expressing identity, also open to the contaminations of mixology, and that guarantees the right remuneration to those who produce the grapes. This is the summary message of “Vincontri - Debates and comparisons in the winery” ( in more detail). | |
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