Here is the daily news for wine lovers on March 20, 2024.

The 36 top wines from the Marche were awarded at "Vitae Experiences of central Italy": The event dedicated to the wine excellences of central Italy took place in Pesaro, in the setting of Villa Cattani Stuart. The Italian Sommelier Association awarded the best wines of the Marche, in a meeting that also involved other regions such as Emilia, Romagna, Lazio, Umbria and Abruzzo.

Confagricoltura's concern about the IMU on rural buildings: Confagricoltura expresses concern about the taxation of instrumental rural buildings with the Single Municipal Tax (IMU) in the Municipality of San Pietro in Casale. This decision affects those who are already dealing with the crisis in the primary sector, raising fears of a possible domino effect on other municipalities.

Celebration of "World Pignolo Day" at the Castle of Udine: The black-berry Pignolo, an indigenous Friulian vine, is the protagonist of the World Pignolo Day at the Castle of Udine. The event hosts in-depth meetings on wine production, tourism and art, offering the opportunity to discover this unique wine variety.

News in the Meregalli Wines and Visconti43 catalogues: Maison Trénel, a historic Burgundy winery, becomes part of the Meregalli Wines and Visconti43 catalogues. This addition enriches the range of wines offered, confirming the premiumization process of the selections.

Tasting of large glasses in Pesaro, capital of culture: The Charlie Urban hotel in Pesaro hosts a tasting of local wines and other wine excellences. The event, organized by Roberto Bartolucci, offers the opportunity to taste unusual labels and discover small, high-quality wineries.

Paolo Ferri and the challenge of Vespolina: Paolo Ferri stands out in creating quality sparkling wine using the humble Vespolina. This vine, at risk of being neglected, finds new life thanks to the work of producers like Ferri, helping to enhance the oenological diversity of Northern Piedmont.

Too much wine is (still) produced in the world Even if in 2023 production has fallen to the lowest levels of the last sixty years, there is still too much wine in the world, demonstrating that demand is decreasing at a faster pace than as hypothesized. According to the International Organization of Vine and Wine, global consumption has been lower than production since at least 1995. Over the last thirty years the sector has suffered severe blows following changing consumer habits and tastes and economic stagnation. Many people, especially those in their thirties, increasingly prefer low-alcohol or non-alcoholic drinks, or at most consume white and rosé wines instead of red ones.

In the Far East, Italy is losing weight among wine exporters. Wine exports to China continue to decrease in 2023 with -20% compared to 2022, data which makes this market slip by value at a global level to ninth place from the fourth occupied in 2018. This is stated by the data reported by Nomisma Wine Monitor, the Observatory dedicated to the Far East: a decreasing trend which affects countries such as South Korea and Japan. France confirms itself as China's first trading partner, with almost 60% of the market share, followed by Chile and Italy which is on the third step of the ranking with 10%. Australia, leader in 2020, continues to remain excluded from the ranking following the heavy tariffs imposed by China in recent years which should end as early as this year.

Not just China, wine sales are also falling in Korea and Japan. Wine imports into China continued to decline in 2023, recording a decrease of 20% compared to 2022; data which makes this market slip in value at a global level to ninth place from the fourth occupied in 2018. The negative trend has also affected countries such as South Korea and Japan, important destinations in the Far East for Made in Italy products. This is highlighted by the Nomisma Wine Monitor report, the Observatory dedicated to the Far East. France confirms itself as China's first trading partner, with almost 60% of the market share, followed by Chile and Italy which is on the third step of the ranking with 10%.

Wine: millions of labels outlawed, more time to dispose of them. Sigh of relief for 12 thousand Tuscan wine companies "Hello" millions of already printed wine labels stored in the warehouses of 12 thousand Tuscan wine companies which risked ending up wasted due to the new European legislation. This was made known by Coldiretti Toscana and Vigneto Toscana after the official extension by the Ministry of Agriculture and Food Sovereignty which set 30 June as the deadline for using labels already printed and not in line with the new European legislation. According to EU legislation, in fact, the new label which indicates, among other things, the list of ingredients and the nutritional declaration, was supposed to come into force on 8 December last year. Subsequently - explain Coldiretti Toscana and Vigneto Toscana - the deadline for taking advantage of the exemption for the labeling and marketing of wines and aromatised wine products labeled with labels bearing the ISO 2760 "i" symbol next to the QR code that links to the information relating to the list of ingredients and the nutritional declaration.

Italian wine exports to the Far East are decreasing. Italy is losing weight in the Far East among wine exporters. The Chinese market has slipped to ninth place in terms of import value at a global level from fourth in 2018, highlighting a decline of more than 20% compared to 2022. This is a negative trend which has also affected countries such as South Korea and Japan, important destination markets for made in Italy wine. This is what emerges from the Nomisma Wine Monitor Report, the Observatory created with the aim of helping companies and institutions in the supply chain to correctly interpret market dynamics.

ENRICO SERAFINO PRESENTS A NEW WAY OF THINKING ABOUT ALTA LANGA DOCG: Enrico Serafino continues his innovative tradition in Alta Langa docg with the presentation of the MM 18 Perpetuelle Sbagliato® Blanc de Noirs cuvée. This novelty combines two methods in a way never seen before in the denomination, offering a unique experience to consumers.

Success for La Prima dell'Alta Langa 2024: The 2024 edition of La Prima dell'Alta Langa at the Teatro Regio in Turin was an unprecedented success. With the presence of sixty-five producers and over 1500 participants, the event offered a wide range of cuvées for tasting, attracting guests from all over the world.

Rite of pressing Vino Santo Trentino: Valle dei Laghi celebrates the traditional rite of pressing Vino Santo Trentino, a moment of meeting and sharing to keep the history and memory of the area alive. The invitation is extended to the entire community to participate in this important event.

The Gin you've been waiting for. GIN TABAR CASONI: The famous Antica Distilleria Casoni celebrates its 210 years of history with the launch of GIN TABAR, a strong distillate that celebrates the traditions and flavors of Emilia. An opportunity for gin lovers to discover a new elixir that carries with it the legacy of a legendary family.

Thank you for your attention, and continue to follow the latest news from the world of wine with QUIDQUID. Until tomorrow!