Daily report – November 7, 2025 on the world of wine (Italy & global), designed for those who lead operations in wineries/consortia .
Key updates (links & dates)
- 2025 EU harvest estimated at 145.5 Mhl (1% y/y): Italy leader ~47 Mhl (8%) , France ~37 Mhl, Spain ~31-32 Mhl. (Copa-Cogeca, 02.11.2025 ).
- Italian wine exports in the first half of 2025: uneven growth across markets; Japan, Australia, and Brazil, signs of caution in the UK, France, and Australia; overall picture slightly slowing. (Nomisma – Promos Italia, October 1, 2025 ).
- Italian stocks as of September 30, 2025: 36 Mhl (-9.6% vs. July 31; 1.3% y/y) – potential pressure on bulk prices. (ICQRF “Cantina Italia”, October 10, 2025 ).
- Global bulk wine H1-2025: volumes -2.3% and value -0.3% vs. H1-2024; average prices slightly up (~ €0.78/L ). (Summary of international broker reports; Winenews on Ciatti’s “Global Market Report,” July 21, 2025 ).
- EU labelling rules (ingredients & nutritional information via e-label/QR) fully applicable from 08.12.2023 : operational confirmations 2025. (EU Commission – DG Agri, regulatory page).
- Awards/Rankings : Wine Enthusiast “ Top 100 Best Buys 2025 ” – 17 Italian labels on the list (including Saracco and La Raia in the Top 10), 09.22.2025 .
- Innovation : Growing adoption of AI & remote sensing for viticulture/production/wine tourism (2025 trend confirmed by literature and use cases).
M&A Radar (last month)
| Deal / Rumor | Parts | Size | Geo | Source |
|---|---|---|---|---|
| Cinzano & Frattina sold by Campari to Gruppo Caffo 1915 (closing expected by the end of 2025) | Campari → Caffo | €100 million | IT | |
| Valle Talloria (IWB) – binding offer for the acquisition of production assets | Caffo Group 1915 ↔ Italian Wine Brands | nd | IT (Piedmont) | |
| Tannico moves to CASTEL-Vins (from JV Campari-Moët Hennessy) – closing 06.10.2025 | CASTEL-Vins ↔ Tannic | nd | IT/FR | |
| Chapel Down (UK) cancels £32 million winery project (pivot capex) | Chapel Down | n/a | UK | |
| Feudi di San Gregorio – 2 bonds for growth/innovation (with CDP & Finint) | Fiefs ↔ CDP & Finint |
Prices & Harvest – mini box
Grapes 2025 (examples Italy)
- Umbria : Sangiovese €26–30/q , Merlot/Cabernet €28–30/q ; Sagrantino DOCG €100–140/q . Sharp drops of ~30% y/y (-40/-54% vs 2023). Sources: Chamber of Commerce/ANSA, 18–19.10.2025 .
Bulk wine / Prosecco (Treviso-Belluno Commodity Exchange) – survey 04.11.2025
- DOCG Conegliano-Valdobbiadene €2.35–2.55/L ; ‘Rive’ €2.45–2.65/L ; Cartizze €5.00–5.50/L ; Asolo DOCG €2.25–2.40/L . Trend: stable; market inactive .
Stocks & Returns
- National stocks : 36 Mhl as of 09/30/2025 (-9.6% vs July; 1.3% vs y/y).
- Italy 2025 harvest : initial estimate ~47.4 Mhl (Ismea-UIV-Assoenologi), with good/excellent quality ; some operators report possible volume reductions. (updated 03–04.11.2025).