Many people say that 2023 is showing signs of being even more uncertain than 2022 for the world wine market, due to the recession that is expected in various European countries, and high costs of raw materials and transportation.
These facts have partially mitigated its effects, at least logistically, but it is still very concerning. In spite of all predictions, though, the "partial" report of the export year is continuing to show double-digit growth over the first 9 months of 2022 compared to 2021, and FEDERVINI has predicted Italy will reach a record 8 billion euros by the end of the year, which really does seem to be within reach.
SOURCE: https://winenews.it
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