Here is the wine news of March 13, 2024

Here is the latest news from the world of wine:

Boom in No/Low Alcohol drinks at the Prowein fair: The market for drinks with no or low alcohol content is constantly growing, as confirmed during the recent Prowein event in Duesseldorf. According to wine entrepreneur Sandro Bottega, founder of Bottega SpA, the sector recorded an incredible surge of 91% in the first two months of 2024 compared to the same period in 2023.

Terre di Toscana XVI edition: An unmissable wine festival will be held on Monday 25 March at Terre di Toscana, with over 700 labels on display, including 80 old vintages dating back to 1993. A unique opportunity for wine lovers to appreciate longevity and the history of these wines.

Inauguration of the new ONAV headquarters in Asti: With great participation, the new ONAV headquarters was inaugurated in the heart of Asti during the National Congress. With a space of over 1000 square meters on three floors, ONAV aims to enhance its courses, both in person and online, and to organize scientific meetings for wine producers throughout Italy. President Vito Intini underlines the importance of communicating complex issues such as wine and health in an accessible and clear way.

Australia wonders about the future of wine: Australia, the fifth largest wine exporting country in the world, is facing a profound crisis in the wine sector, with vineyards uprooted, plummeting prices and a stagnant market. A government task force has been set up to outline a strategy to emerge from the crisis.

Italian wine exports in decline: For the third time since 2000, Italian wine exports recorded a decline, with a trend decline of 1% in volumes and 0.8% in values, for a total of just under of 7.8 billion euros in 2023.

Concerns about the collapse of Italian wine abroad: The value of Italian wine exports fell to 7.8 billion euros in 2023, recording a decline of 0.8% compared to the previous year. It is the third decline of the millennium, highlighting both cyclical and structural difficulties.

New digital labels for wine: The extension period granted by the Ministry of Agriculture for the adaptation of wine product labels has ended. Digital labeling via QR-code has been introduced, which allows producers to provide detailed information on bottles via a web portal.

Scandal of Italian wine imports into Russia: Attention has been reignited over the alleged imports of Italian wine into Russia, involving Dmitry Medvedev, former Russian president. Investigations suggest that the operations are still active, despite denials from the winery involved.

Italian wine export situation: Despite a decline in the overall value of Italian wine exports in 2023, there is a 12% increase in bulk wine exports. This helped mitigate the overall loss, keeping Italy in a leadership position in export volumes.

Integrated consultancy for the wine industry: Uva sapiens has introduced an integrated consultancy model for the entire wine production chain, overcoming the compartmentalisation of skills and offering a complete service for wineries.

Concerns about the decline in Italian wine exports to Asia and the United States: Matteo Zoppas, president of Ice, expressed concern about the decline in Italian wine exports to Asia and the United States, despite growth in other markets such as Germany and the success of Prosecco.

Villa Cilnia for sale: The luxurious Villa Cilnia, located in Arezzo and surrounded by vineyards and olive groves, is for sale. The property includes a 17th-century villa, a spa, a wine cellar, a restaurant and certified organic grounds.

Vietti in search of safeguarding territorial values: Vietti presented its wines in Rome, underlining its commitment to safeguarding the identity and values of the Piedmontese territory. The company has expanded its winemaking properties and introduced new Crus in the Barolo and Barbaresco denominations.

Refinement of wine in the depths of the sea: For over ten years, Tenuta del Paguro has been refining wine in the depths of the sea, following the tradition of the ancient Romans. This practice was born from the idea of uniting the hills and the sea of Romagna.

Food and wine experience in Custoza: The Monte del Frà winery offers a food and wine experience in Custoza, with walks through the vineyards followed by wine tastings. The event is scheduled for April 7 with two rounds available.

Bosca opens the doors of its cellars to sporting events: Bosca will host the participants in the Milan-Sanremo Cup, offering them the opportunity to savor the bubbles inside its cellars in Canelli.

These are the main news in the world of wine for March 13, 2024.