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Issue 414 - April 1st-5th - Expressly created for 11.897 wine lovers,
professionals and opinion leaders from all over the world |
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Cantine Riunite-Giv (Gruppo Italiano Vini), with, 615 million euros (+3.1% over 2017), confirms no. 1 for turnover among Italian wineries, according to the survey by Mediobanca, followed by Caviro, which increases by 8.6% to 330 million, and Antinori, the first private Italian company, which earns 4.5% to 230 million, followed by names such as Martini Brothers, Zonin1821, Botter, Cavit, Mezzacorona, Enoitalia and Santa Margherita. In terms of profitability (ratio between profit and turnover), Antinori (25%) is at the top, ahead of Santa Margherita (17%), Frescobaldi (16.7%), Masi (11%), Botter (9.1%), Ruffino (8.6%) and Mionetto (5.4%). |
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The wine sector has confirmed its health, despite some signs of difficulty. With sales up 7.5% in 2018 compared to 2017. An important growth, achieved, perhaps surprisingly, more thanks to the domestic market (+9.9%) than to exports (5.3%), in a year, the last one, which is expected to be the second most significant growth from 2013, with sales in the sector increased by 27% compared to 5 years ago (with +31.9% in exports and +22.4% of domestic turnover). A significant result, for the wine of Italy, especially when compared with that of the manufacturing (-7.2%) and food industry (-4.6%). The “Survey on the wine sector 2019” of the Mediobanca Studies Area, which analyzed the performance of the 168 main Italian companies in the sector (with a turnover of more than 25 million euro in 2017), said it. And they also look with cautious optimism to 2019: 82.6% of the people interviewed expect not to suffer a fall in sales, 10.5% believe in an increase in turnover in double figures, but there is also a 17.5% that expects some decline in revenues. The Mediobanca survey also shows that the greatest growth in turnover was recorded by cooperatives (+9.2% on 2017), led by the domestic market (+13.6%), while private companies grew by 6.7% (+7.0% abroad). Between the two macro types of wine, then, sparkling wines grew by 7.1% (thanks to +7.2% of exports), while still wines, stalled on foreign markets, scored, according to the survey, a surprising +7.6%, driven by +10.8% of domestic sales. Furthermore, the ratio of financial debt to equity (2017 figure) shows an overall solidity (69.4%), which for non-cooperative companies is 53.2%. Overall, Piedmontese companies beat the competition, especially in terms of income (8.6% compared to 6.6% nationally; 12.1% compared to 7.2%). The Veneto and Trentino regions are also doing well, above the national average. The Tuscan companies (roi and roe at 7.3%) are financially more solid (financial debts at 37% of equity against 69.4%), more efficient (labor costs per unit of product at 46.8% against 58%) and more suitable for export (63.6% against 52.4%). |
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The terroir as a place where “the marriage between human beings and nature takes place”, and which should be taken care of with attention as a “good father of a family”, especially considering the sustainability of the soil and the environment; the fundamental importance of not considering economic values before the human and cultural ones that are the heritage of the territory, as well as the concern for the very high prices of the vineyards that can create problems, especially - but not only - in terms of generational turnover, even in a very rich territory, and with wines with stellar prices, such as Burgundy. There are many points on which to reflect in the interview of WineNews, to Aubert De Villaine, co-owner of one of the most prestigious wineries in the world, Domaine Romanée-Conti, icon of Burgundy. |
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A lot of wine outside and inside the fair, and a lot of politics, as always, at Vinitaly, a reference appointment for the business of Italian wine, but also for enthusiasts and for the political agenda of wine and not only, for a sector that, for the increasing presence of the highest national and European institutions, in its most important event, confirms all its economic importance, and not only, for the Belpaese. Because in Verona, from 7 to 10 April, in addition to 4.600 wineries from Italy and 35 countries, which will meet professionals and buyers from over 140 countries around the world, “in the largest Vinitaly ever”, said the president of Veronafiere Maurizio Danese, at the opening there will be two vice-premiers of the Italian Council, the Minister of Interior Matteo Salvini and the Minister of Economic Development and Labour Luigi Di Maio, together with the President of the Senate Maria Elisabetta Alberti Casellati, and Prime Minister Giuseppe Conte, while there will be a fixed presence, of course, the Minister Centinaio, and also the President of the EU Parliament Antonio Tajani, and the Commissioner for Agriculture Phil Hogan.With many tastings at the fair, and events including wine, music, and glamour in the city. |
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The path along the road of sustainability continues for Conegliano Valdobbiadene Prosecco Superiore Docg: after having already said stop to products with different active principles in the past years, the 15 Municipalities of the Docg and the Consortium, with the “Viticolo Protocol 2019”, which definitively banned also the notorious glyphosate, and look to the future. The goal is to reach 25% of the wineries covered by the Sqnpi Certification (National Integrated Production System) by 2021 and to increase the certifications by 10% every subsequent year. |
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The Tuscan brand, in wine and beyond, is one of the strongest that Italy can offer. A brand built over the centuries, from Renaissance Florence to the present day. And now the most important wine names of the Region, are back in the spotlight, to relaunch and enhance, and give an identity to that TGI Tuscany under which end more than 76 million bottles, for a production value of 380 million euros, and 12,400 hectares claimed. This is the aim of the new heads of the Ente Tutela del Vino Toscana Igt, which has elected Cesare Cecchi as its president, at the helm of the historic reality of Chianti Classico, and sees in its big board of directors of regional wine, from the CEO of Marchesi Antinori Renzo Cotarella to Enrico Viglierchio, DG Castello Banfi, from Sandro Sartor, to Ruffino, to Paolo Gamberi, director of Frescobaldi, to mention but a few. |
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Italians are drinking more and more bubbles, more than red and white wines. This is mainly due to the diversity of the offer, which is an absolute value, even though the Veneto, Tuscan and Piedmont Regions are the ones “that drive the market”. These are the trends that the Signorvino Observatory, the most important chain of Italian wine stores (16 stores throughout Italy), which sells over 1.500 wines from 250 Italian wineries, and has a turnover of 31 million euros. |
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