Italy - Wine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWine Price in Italy - 2023
Contents:
- Wine Price in Italy (FOB) - 2023
- Wine Price in Italy (CIF) - 2023
- Wine Exports in Italy
- Wine Imports in Italy
Wine Price in Italy (FOB) - 2023
The average wine export price stood at $3.8 per litre in August 2023, falling by -5.5% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in December 2022 when the average export price increased by 6.7% against the previous month. The export price peaked at $4.2 per litre in May 2023; however, from June 2023 to August 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Canada ($6.8 per litre), while the average price for exports to Germany ($1.9 per litre) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.
Wine Price in Italy (CIF) - 2023
In August 2023, the average wine import price amounted to $3.2 per litre, falling by -34.8% against the previous month. Overall, the import price, however, showed noticeable growth. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 90% month-to-month. Over the period under review, average import prices attained the peak figure at $8.2 per litre in February 2023; however, from March 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($22.7 per litre), while the price for Spain ($565 per thousand litres) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Wine Exports in Italy
In 2022, approx. 2.2B litres of wine were exported from Italy; leveling off at the year before. Overall, exports recorded a modest expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 6.8% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.
In value terms, wine exports expanded markedly to $8.9B in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Wine in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 1,701 | 1,629 | 1,992 | 2,109 | 7.4% |
| Germany | 1,153 | 1,219 | 1,322 | 1,374 | 6.0% |
| United Kingdom | 853 | 808 | 875 | 946 | 3.5% |
| Switzerland | 426 | 436 | 489 | 511 | 6.3% |
| Canada | 382 | 395 | 453 | 471 | 7.2% |
| France | 231 | 215 | 273 | 291 | 8.0% |
| Netherlands | 184 | 222 | 267 | 278 | 14.7% |
| Belgium | 156 | 184 | 258 | 275 | 20.8% |
| Sweden | 202 | 213 | 229 | 241 | 6.1% |
| Denmark | 166 | 175 | 196 | 203 | 6.9% |
| Japan | 203 | 175 | 183 | 194 | -1.5% |
| Russia | 146 | 144 | 175 | 190 | 9.2% |
| Austria | 119 | 123 | 135 | 144 | 6.6% |
| Others | 1,225 | 1,242 | 1,563 | 1,660 | 10.7% |
| Total | 7,148 | 7,178 | 8,409 | 8,890 | 7.5% |
Top Export Markets for Wine from Italy in 2022:
- Germany (522.7M litres)
- United States (388.3M litres)
- United Kingdom (273.3M litres)
- France (84.5M litres)
- Canada (78.7M litres)
- Switzerland (76.1M litres)
- Belgium (66.0M litres)
- Netherlands (60.4M litres)
- Russia (58.9M litres)
- Sweden (52.3M litres)
- Austria (45.9M litres)
- Denmark (41.0M litres)
- Japan (40.6M litres)
Wine Imports in Italy
After three years of growth, purchases abroad of wine decreased by -23.8% to 208M litres in 2022. Overall, imports, however, continue to indicate a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 77% against the previous year. As a result, imports reached the peak of 273M litres, and then shrank notably in the following year.
In value terms, wine imports surged to $568M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 51% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Wine in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 229 | 199 | 300 | 371 | 17.4% |
| Spain | 58.0 | 58.2 | 90.4 | 92.6 | 16.9% |
| Germany | 11.8 | 15.3 | 26.8 | 30.0 | 36.5% |
| Austria | 7.4 | 7.9 | 10.7 | 12.2 | 18.1% |
| South Africa | 0.4 | 0.9 | 6.1 | 6.2 | 149.3% |
| Others | 48.5 | 37.7 | 47.0 | 56.1 | 5.0% |
| Total | 355 | 319 | 481 | 568 | 17.0% |
Top Suppliers of Wine to Italy in 2022:
- Spain (143.9M litres)
- France (23.3M litres)
- South Africa (13.6M litres)
- Germany (7.5M litres)
- Austria (5.6M litres)
This report provides an in-depth analysis of the wine market in Italy. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 564 - Wine
Country coverage:
- Italy
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Italy
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
907
This report provides an in-depth analysis of the wine market in Italy.
750
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345
In January 2023, the wine price in Italy was stable at $4.0 per litre (FOB).
193
In December 2022, there was an increase of 2.7% in the price of wine per litre (FOB, Italy), bringing it to $4.0.
107
Champagne imports reached 1.5M litres in November 2022, but decreased from December 2022 to September 2023. In terms of value, champagne imports surged to $36M by September 2023.
91
Sparkling Wine exports reached a peak of 57 million litres before decreasing the following month. In terms of value, exports dropped to $255 million in November 2023.
317
The global wine market is expected to reach $165 billion in 2030, growing with a CAGR of +4.5% from 2022 to 2030.
739
The global wine market revenue amounted to $130.3B in 2018, going down by -3.3% against the previous year. This...
923
In 2016, global wine market reached $X in wholesale prices. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price
1422
Global wine consumption amounted to X thousand tons in 2015, remaining stable against the previous year level.
1218
The value of total imports on the global wine market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, wine imports reached X million liters in 2015, X million liters
1365
From 2007 to 2015, global exports on the wine market increased by +X% per year, amounting to X million USD in 2015. In physical terms, exports were X million liters in 2015, which figure remained relatively stable over the last four years.
