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The first quarter of 2022, net of the reference period, that is the worst moment experienced by international trade, when the second wave of restrictions had precipitated the consumption and morale of a large part of the Western world, marks for shipments of Italian wine to growth of + 18.3% over the first quarter of 2021, to 1.7 billion euros. The positive aspect is that the data of all the countries considered by the WineNews analysis on the latest Istat data have improved, with the only predictable exception of Russia.

Proceeding in order, from the closest markets, the European ones, in France Italian wine imports grew by 44.6%, per share, € 57.3 million. The performance of theAustria, where shipments grow by + 39.6% to 29.4 million euros, while Switzerland shows growth of + 9.7% to 104 million euros. Germany, after the slowdown in February 2022, reverses the trend in the period January-March (+ 1.1%), for 265 million euros of Italian wine imported in the period. The data of the Belgium, which in the first quarter of 2022 purchased 44% more Italian wine (53 million euros) compared to the same period in 2021. In the Netherlands, growth is, on the other hand, + 5.7%amounting to 51.3 million euros.

In the countries of Northern Europe, growth is homogeneous and sustained: we go by + 29.3% of shipments of Italian wine to Denmark (45.4 million euros) al + 18% of Norway (26 million euros), until + 12% of Sweden (49.6 million euros). The numbers of the Great Britainwhere pubs, clubs and restaurants, a year ago, reopened on April 12, so it will be interesting, next month, to understand the real extent of this growth, which in the first quarter of 2022 marks + 50%, to 170 million euros. The slowdown in imports of Italian wine arrives, expected but not traumatic Russia, limited, at least for now, to -4.7% (24.2 million euros): wine, it should be remembered, is not subject to penalties, except in its top productions, above 300 euros per bottle.

Overseas, the USA is firmly confirmed as the leading market for shipments of Italian wine, which, in the first quarter of 2022, marks a growth of + 12.6%, to 403 million euros. Very good too Canada, which accelerates even on last month, to + 38.9% for 100 million euros of imported Italian wine. Good news from China, which reverses its course and returns to positive territory: + 5.7%, at 29.6 million euros, a trend in line with the surprising data of the Beijing economy, which has returned to running both in terms of shipments and purchases. Still good on Japan, where Italian wine grows by + 26.7%, to 44.6 million euros. Finally, small improvements for South Korea and Hong Kongwhich grow, respectively, + 5.7% and + 7.4%at 20.4 and 5.7 million euros.

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Marco Ribaudo

Marco Ribaudo

For the love of food and wine! Marco Ribaudo, Certified Sommelier, with 25 years in the food and beverage industry now invites you to join him in his latest adventure, the opening of la Cucina del Vino to share his culture and passion for creating unforgettable memories around the table.

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