Italy: Market for Wine Of Fresh Grapes (Except Sparkling Wine) 2024

Market Size for Wine Of Fresh Grapes (Except Sparkling Wine) in Italy

In 2022, the Italian wine of fresh grapes market increased by 14% to $X, rising for the third year in a row after two years of decline. In general, consumption saw a prominent expansion. Wine of fresh grapes consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Wine Of Fresh Grapes (Except Sparkling Wine) in Italy

In value terms, wine of fresh grapes production skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +3.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 when the production volume increased by 43% against the previous year. Wine of fresh grapes production peaked in 2022 and is expected to retain growth in years to come.

Exports of Wine Of Fresh Grapes (Except Sparkling Wine)

Exports from Italy

Wine of fresh grapes exports from Italy fell modestly to X litres in 2022, declining by -1.8% against the year before. Over the period under review, exports showed a mild curtailment. The growth pace was the most rapid in 2019 when exports increased by 9.1%. Over the period under review, the exports reached the peak figure at X litres in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, wine of fresh grapes exports dropped slightly to $X in 2022. The total export value increased at an average annual rate of +1.4% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 14% against the previous year. As a result, the exports reached the peak of $X, and then dropped modestly in the following year.

Exports by Country

Germany (X litres), the United States (X litres) and the UK (X litres) were the main destinations of wine of fresh grapes exports from Italy, together comprising 54% of total exports. Canada, France, Switzerland, the Netherlands, Sweden, Belgium, Austria, Japan, Denmark and Russia lagged somewhat behind, together comprising a further 29%.

From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +6.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and the UK ($X) appeared to be the largest markets for wine of fresh grapes exported from Italy worldwide, together comprising 49% of total exports. Canada, Switzerland, the Netherlands, France, Sweden, Japan, Belgium, Denmark, Austria and Russia lagged somewhat behind, together accounting for a further 33%.

Belgium, with a CAGR of +7.0%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average wine of fresh grapes export price amounted to $X per litre, dropping by -3% against the previous year. Over the last decade, it increased at an average annual rate of +2.9%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 20%. Over the period under review, the average export prices hit record highs at $X per litre in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per litre), while the average price for exports to Germany ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wine Of Fresh Grapes (Except Sparkling Wine)

Imports into Italy

After two years of growth, overseas purchases of wine of fresh grapes (except sparkling wine) decreased by -22.3% to X litres in 2022. Overall, imports saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 78% against the previous year. Imports peaked at X litres in 2015; however, from 2016 to 2022, imports remained at a lower figure.

In value terms, wine of fresh grapes imports dropped to $X in 2022. Over the period under review, imports saw a mild contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 47%. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Spain (X litres) constituted the largest wine of fresh grapes supplier to Italy, with a 74% share of total imports. Moreover, wine of fresh grapes imports from Spain exceeded the figures recorded by the second-largest supplier, South Africa (X litres), eightfold. The third position in this ranking was held by France (X litres), with an 8.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Spain stood at -1.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Africa (+50.2% per year) and France (-1.3% per year).

In value terms, the largest wine of fresh grapes suppliers to Italy were Spain ($X), France ($X) and Portugal ($X), together comprising 80% of total imports. Germany, South Africa and the United States lagged somewhat behind, together comprising a further 8.1%.

In terms of the main suppliers, South Africa, with a CAGR of +29.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wine of fresh grapes import price amounted to $X per litre, rising by 21% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.3%. The growth pace was the most rapid in 2016 an increase of 40%. Over the period under review, average import prices hit record highs at $X per litre in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per litre), while the price for South Africa ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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