In the first five months of 2022, shipments of Italian wine abroad show no signs of decelerating, exceeding the 3 billion euro quota, up by 14.2% on the same period of 2021 and, even more interestingly, by 21.3 % on 2019, the last year before the pandemic started, as reported by the Istat data updated to May 2022, analyzed by WineNews.
The unknown factor is represented by inflation, which in Italy, in May, had reached + 6.9%, with the wine sector facing not only an increase in energy costs, but also the lack of materials such as bottles, caps, labels, and cartons. On the one hand, therefore, the direct effects of the Russian war in Ukraine, and its enormous geopolitical consequences, on the other an economy that still seems to be paying for the slowdowns, delays, and stops of the Chinese giant.
