Wine Report of October 17, 2025

on the main news in the world of wine and wineries, with a strategic eye for those working in the sector.

Recent Updates (Italy & Global)

  • In Italy, sales in large-scale retail channels at the end of August 2025 recorded an increase of 0.6% in value, but a decrease of -1.8% in volume (in the bottled wine segment) compared to a year earlier.
  • In the first half of 2025, Italian wine exports rose by 1.5% in value, reaching approximately 2.8 billion euros, and 2.1% in volume (703.5 million litres).
  • The Ministry of Agriculture has allocated approximately €27 million (plus co-financing) for promotion of the 2025/26 CMO wine market on non-EU markets, with an expected impact exceeding €63 million in total.
  • Globally, wine production in 2025 is expected to decline in many regions, so much so that production levels are being discussed as “lower than normal” on a fifty-year basis.
  • In Tuscany, for 2025 the Consortia (e.g. Chianti) have already planned a voluntary reduction in yields of 10-15% to preserve qualitative and market balance, estimating production of around 2.4 million hl compared to 2.7 in 2024.
  • In Veneto, opposite signs are being reported: forecasts call for an increase in production, with approximately 100,000 tons more grapes than in 2024, thanks to favorable weather conditions and limited phytosanitary damage.
  • The innovation sector is seeing a boost in AI and digitalization: a recent study explores the application of artificial intelligence in viticulture, production, and wine tourism to optimize resources, prediction, selection, and sustainability.

M&A Radar

Deal / RumorParties involvedNote sizeGeographySource / date
The Wine Group Acquires Brands and Plants from Constellation BrandsThe Wine Group / Constellation Brands≈ 900 M USDUSA / California
Campari sells Cinzano and Frattina (though not pure wine)Campari / Caffo Group 1915~ €100 millionItaly
Accolade Wines Merger/Combination with Pernod Ricard Winemakers → “Vinarchy”Accolade Wines / Pernod Ricard Winemakersdo not communicate in detailGlobal

Prices & Harvest (mini box)

  • Generic black grapes (undifferentiated), wholesale price in Italy: ~ €4.00/kg (recent data, stable compared to previous weeks)
  • The bulk wine and grape market shows slow trading, high inventories, and prices under pressure in many areas (Ciatti report)
  • Italian production in 2025 estimated at 47.4 million hl, 8% compared to 2024, with risk of excess supply in some areas
  • Climate conditions: heat wave in summer, drought in regions such as Puglia and Sicily, but spring rainfall has mitigated the water deficit in many central and southern areas.