Exports of Italian sparkling wines are expected to hit the record figure of 1.2 billion euros by year-end. Though the gap with French competitors in 2016 is still wide (about 1.5 billion euros), Italian spumante wines had a 25 percent increase, while French champagne suffered a slight decline (- 1 percent).

As customary, Wine Monitor, Nomisma's wine market intelligence tool, has published its annual report on Italian spumante wines sales abroad during the festive period. Prosecco is leading and going full steam thus pulling forward the whole sector, unlike French sparkling wines which are expected to confirm the same export figures they recorded last year, down by 1 percent approx., or like the Spanish Cava which is supposed to shed a few percentage points (- 3 percent).

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Source: http://www.agi.it/