2020 Tuscany wine harvest overview: less but better

2020 Tuscany wine harvest overview: less but better!

An average decrease of 15% for Brunello, Nobile and Chianti.

Despite Italy is expected to remain the world’s leading wine producer with 47.2 million hectolitres, Tuscany is preparing for a good harvest but -15% production decline (estimated at 2.232 million hectolitres compared with 2.625 million hectolitres of last year, or 394 hectolitres less).

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The Bulk Wine Club has published the latest data: why Italy and France need to import such a large quantity of bulk wines?

bulk wine figures damigiane 54 liter containers

The Bulk Wine Club has published the latest data relating to the 10 largest exporters and importers of bulk wine (packaging over 10 liters).

From January 2019 to January 2020, the global bulk wine trade reached 33.93 million hectoliters (13% of world wine production estimated at 260 mhl), for a total of 2,472 million euros. These figures represent a 2% increase in volume terms, but a 5.6% decrease in value. The average price fell 7.4% to 0.73 €/liter.

Continue reading “The Bulk Wine Club has published the latest data: why Italy and France need to import such a large quantity of bulk wines?”