Export wines of Piedmont is growing mais pas en Belgique
Posted on: 16-03-2020 om 16:16:01
| Karina Imschoot
Further growth in 2019 for Italian wine exports which exceeds 6.43 billion euros and confirms the positive trend with +3.1% on 2018 and +7.1% on 2017: more than 60% of exports in value are destined to Europe, although the highest growth rates were recorded in America (+4.7%) and Asia (+7.1%).
According to the Qualivita Wine Observatory based on Istat data, in terms of value, exports were positive for the two main destination markets of the USA (+5.4%) and Germany (+2.5%) - which absorbed €1.54 billion and €1.06 billion respectively in 2019 - while they showed a drop in the UK (-5.0%), followed by growth in Switzerland (+1.6%) and Canada (+2.6%). Particularly good trends were confirmed in France (+6.5%) - where exports exceeded 200 million euros for the first time - and the Netherlands (+8.8%), which had already recorded wine +12.0% and +8.0% in 2018 compared to the previous year.
Among the large non-European markets, Japan shows a great recovery (+13.0%) after the stop in 2018 and China - which continues to cover a reduced slice of exports (2.1%) - has a good trend (+5.3%) in 2019: more consistent growth in the Russian market (+21.1%) which in 2019 exceeds 130 million euros.
Other destination markets include Poland (+14.1%), Latvia (+15.9%), South Korea (+14.5%) and Ukraine (+37.9%), all countries that had already shown growth rates in 2018. 60% of Italian wine exports in value terms went to Europe (+1.9%), 31% to America (+4.7%), 7.4% to Asia (+7.1%), 1.2% to Oceania (+4.1%) and 0.2% to Africa (+15.4%).
