The production of wine grapes
exceeded 70 million quintals in 2018 with a 13.8% increase on an
annual basis, according to data released Monday during the 53rd
International wine and spirits fair Vinitaly in Verona.
The strong increase, following a poor year in 2017, has led
to plummeting grape prices, according to the report 'Rapporto
della Borsa Merci Telematica italiana (Bmti) on the prices of
wine grapes in 2018, presented at the agriculture ministry's
stand at Vinitaly.
In particular, the price of grapes for the production of
Franciacorta wines went down 28% in 2018 compared to 2017.
Glera grapes for Prosecco Doc registered a 19% drop and
grapes for Prosecco Docg Conegliano - Valdobbiadene went down
12%.
Grapes used for the production of Tuscan reds fared better
with stable prices for the grapes of Brunello di Montalcino and
Nobile di Montepulciano and strong growth recorded for the
grapes of Chianti Classico (+21%), according to the report.
Piedmont registered a 5% increase for Moscato grapes and a
slight downturn (-3%) for Barbera d'Asti (-3%), the study said.
The report, Bmti stressed, provides an analysis of the prices
of wine grapes in Italy in 2018 with the objective of
guaranteeing the market's transparency to benefit companies,
market watchdogs and policy makers.
ALL RIGHTS RESERVED © Copyright ANSA
