Marked decline for sale of Italian wine in the U.S.

According to a report posted yesterday by FocusWine.it, Italy lost its top spot in exports to the U.S. in the first quarter 2009, with less expensive wines from Australia taking the lead. Despite marked growth in U.S. wine imports (an increase of 13%, according the authors of the report), Italy saw a decline in its U.S. exports as well as a 14% drop in gross sales, with a 7% drop in average price per liter of wine. The news, however, is not all bad: in the first quarter of 2009, sparkling Italian wine experienced growth of 18% in terms of both volume and average price.

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2 thoughts on “Marked decline for sale of Italian wine in the U.S.

  1. Pingback: Ain’t we glad that we got ‘em: good times and Valpolicella « Do Bianchi

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