Italian wine exports closed the first quarter of 2022 at 1.7 billion euros (+18.3%)

Jun 14, 2022 315

Italian wine exports closed the first quarter of 2022 on a trend growth rate of 18.3% in value, for a total of 1.7 billion euros. According to the Osservatorio di Unione Italiana Vini (UIV), which elaborated the data that ISTAT released very recently, the increase + is partially attributed to the strong US dollar, but above all to the lockdowns registered on a global scale in the same period in 2021.

Plus, it is driven by Italian sparkling wines’ new record. In the first three months of the year, it registered +35.6%, growing more than double compared to still wines (+ 14.8%). The average price also rose (+ 12.2%), during the quarter period in which March was also positive, even though there was a slight slowdown compared to the first 2 months of 2022. 

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SOURCE: https://winenews.it

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