Sicily is the 2nd “vineyard” in Italy by extension, with 95,760 hectares cultivated, and is the very first area for natural vineyard area. This is among the information emerging from the Observatory on the competitiveness of the Red wine Areas – Sicily, developed by Nomisma Red wine Screen in partnership with UniCredit, provided today in Palermo.
2023 was a complicated year for the red wine sector, with a decrease in imports at an international level connected to both cyclical and structural factors. Contributed to an overstock of purchases by importers, produced by worries of damages in supply chains and rate boosts, were the impacts of the financial downturn and the decrease in customer costs capability, put under pressure by inflationary phenomena. Together with these effects of a cyclical nature, the impacts of the structural modifications that have actually long impacted red wine intake have actually ended up being more obvious: decrease in purchases of red white wine, less tendency to take in by the more youthful generations, higher attention to alcohol material and orientation of choices towards lighter and lower alcohol red wines.
Gewurztraminer and natural crops are driving Sicily, which is withstanding the contraction of the grape harvests of the last harvest due to severe weather occasions and the attack of downy mildew. On the export front in Sicily in 2023, exports of PDO red white wines are reducing (-4%) while exports of PDO still gewurztraminers are growing (+ 7%). The export of Sicilian PDO gewurztraminers is growing in the United States (+29%), followed by Canada (+13.9%) and Germany (+6.8%). For Sicilian DOP red white wines, the best export development accompanied France (+7.5%), followed by the UK (+6.8%).
Nevertheless, it needs to be kept in mind that the Istat export information consider the location of delivery abroad, so the amounts of Sicilian red wine that do not leave straight from Sicily for abroad, however leave from ports found in other areas to which these Item volumes are counted as red wine exports. For that reason it is approximated that in truth the foreign trade of Sicilian red wines and musts is greater than the main Istat information.
The favorable information likewise originates from massive orderly circulation where sales of local PDO red wines grew by 5.3% in worth (versus a nationwide average of +3.4%) and by +0.3% in volume (versus a decrease of -1.9%).
The 2024 edition of the Observatory was improved by the outcomes of a study including 1,000 Italian red wine customers, agent of the Italian population by gender, age and territorial home. The goals of the study were, to name a few, to assess the prestige of the primary denomination red wines amongst customers, determine the areas most valued in the production of red wines by type and reveal intake habits at a territorial level (frequency, channels purchase, and so on). understanding of the Sicily brand name. Sicilian labels positioned 5th behind red wines from Piedmont, Tuscany, Veneto, Tuscany and Friuli Venezia Giulia. Amongst red white wines, the Island drops to 6th location however increases to 3rd for gewurztraminers. Grillo is leading this “white” development.
” The UniCredit-Nomisma research study highlights a continuously progressing worldwide and domestic red wine market, both for factors within the sector and for wider characteristics connecting to the financial and geopolitical sphere. Exactly for this factor UniCredit is dedicated to restoring the variety of assistance tools for the sector, to match conventional credit assistance. I am believing, for instance, of the 1 billion euro ceiling as part of the ‘UniCredit per l’Italia’ effort to support the financial investments of farming and agri-food business, of the minibond bond problems and of the restored structure of our network with the existence of supervisors and agribusiness professionals, who have the ability to support the truths of the sector in a much more targeted method”, highlighted Salvatore Malandrino, Regional Supervisor Sicily of UniCredit.
On the celebration these days’s conference, the 2024 edition of Sicilia en Primeur existed, the yearly sneak peek of Sicilian red wines arranged by Assovini Sicilia, arranged in Cefalù from 9 to 11 Might. Cultivating the future, the style of Sicilia en Primeur 2024, backtracks the most substantial phases of Assovini Sicilia – from its birth to today – predicting itself towards the future.
” Sicilia en Primeur 2024 will be a scandal sheet with a double birthday: twenty-five years because the structure of Assovini Sicilia and twenty years because the very first edition of Sicilia en Primeur. The association, which today unites one hundred red wine business, is a lead character in the history of Sicilian viticulture and its transformation, thanks to the amazing vision of its creators and the dedication of the followers and business that have actually operated in current years to promote Sicilian red wine as a cultural ambassador worldwide, improving the variety of the Sicilian red wine continent”, commented Mariangela Cambria, President of Assovini Sicilia.
There will be over one hundred reporters, both Italian and foreign, who will take part in the occasion; to these are included fifty-nine associated business and the existence of Pietro Russo, brand-new Master of Red wine, together with market specialists who will lead the arranged technical workshops.
The occasion, developed and arranged by Assovini Sicilia because 2004, validates itself as the most essential occasion for Sicilian red wine.
