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

Recent Key Points

• Italian wine exports in the first months of 2025 reached approximately €2.8 billion (1.5% in value) and 703 million litres (2.1%) in the first six months.
• As of September 30, 2025, there were approximately 36 million hectoliters of wine in stock in Italian wineries: a 9.6% decrease compared to July but a 1.3% decrease compared to September 2024.
• The 2025 Italian harvest is estimated at 47.4 million hectolitres (8% compared to 2024), with generally good-excellent quality but with signs of overproduction and pressure on prices.
• In Tuscany, a voluntary reduction in yields is expected for 2025, from approximately 2.7 million to 2.4 million hl, in order to safeguard quality, reputation and average price.
• Italian exports to the United States and other non-EU markets are showing signs of weakness: in July-August 2025, a decline of -28% in value compared to 2024 despite price reductions (~-17%) to counter tariffs.
• Technological innovation is gaining ground: a recent study highlights the application of artificial intelligence in viticulture, production, and wine tourism as a lever for efficiency and strategic differentiation.
• In the M&A segment, for example, an anonymous Chinese investor acquired the Calmére Estate Winery (Napa USA) for $16.8 million in cash , with plans to expand into Asia.

M&A Radar

Prices & Harvest: mini box

• DOC grapes in Veneto/Vicenza: provisional prices between €40-€60/quintal (with organic premiums) for the 2025 harvest. (Local market signals source)
• Wholesale grape prices in Italy: suggested range 2025 between US$1.19-5.46/kg (approx. €1.10-€5/kg) depending on variety/territory.
• 2025 harvest conditions: good grape health, estimated good-excellent quality, but in some areas of the South (Puglia, Sicily) concerns about water stress.
• Cellar stock: 36 Mhl as of September 30, 2025 (Italy) representing a significant existing base before the new harvest.
• Trend: with the harvest increasing (8%) and stocks already high, strong pressure is expected on the prices of both grapes and bulk wine if not accompanied by action to contain yields or diversify markets.

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

Recent Key Points

• Italian wine exports in the first months of 2025 reached approximately €2.8 billion (1.5% in value) and 703 million litres (2.1%) in the first six months.
• As of September 30, 2025, there were approximately 36 million hectoliters of wine in stock in Italian wineries: a 9.6% decrease compared to July but a 1.3% decrease compared to September 2024.
• The 2025 Italian harvest is estimated at 47.4 million hectolitres (8% compared to 2024), with generally good-excellent quality but with signs of overproduction and pressure on prices.
• In Tuscany, a voluntary reduction in yields is expected for 2025, from approximately 2.7 to 2.4 million hl, in order to safeguard quality, reputation and average price.
• Italian exports to the United States and other non-EU markets are showing signs of weakness: in July 2025, a decline of -0.9% in value and -3.4% in volume compared to 2024.
• Technological innovation is gaining ground: a recent study highlights the application of artificial intelligence in viticulture, production, and wine tourism as a lever for efficiency and strategic differentiation.
• In the M&A segment, for example, an anonymous Chinese investor acquired the Calmére Estate Winery (Napa USA) for $16.8 million in cash , with plans to expand into Asia.

M&A Radar

Prices & Harvest: mini-box

• DOC grapes in Veneto/Vicenza: provisional prices between €40-€60/quintal (with premiums for organic) for the 2025 harvest.
• Wholesale grape prices in Italy: suggested range 2025 between US$1.19-5.46/kg (approx. €1.10-€5/kg) depending on variety/territory.
• 2025 harvest conditions: good grape health, estimated good-excellent quality, but in some areas of the South (Puglia, Sicily) concerns about water stress.
• Cellar stock: 36 Mhl as of September 30, 2025 (Italy) representing a significant existing base before the new harvest.
• Trend: with the harvest increasing (8%) and stocks already high, strong pressure is expected on the prices of both grapes and bulk wine if not accompanied by action to contain yields or diversify markets.

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

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.