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WINE SHORTAGE

Stocks in cellars in Italy are down after the poor harvest in 2017

There has been a substantial decrease, 8% less between January and mid-March 2018, to 56.8 million hectoliters
CELLARS, HARVEST 2017, STOCK, News
Stocks in cellars in Italy are down after the poor harvest in 2017

The effects of the scarce harvest in 2017 are beginning to be felt, as stocks in Italian cellars are dwindling. There has been a substantial decrease, 8% less between January and mid-March 2018, or from 61.5 million hectoliters of wine and must, to 56.8 million hectoliters. According to SIAN data on 18.100 winery records analyzed by the Agrarian Informant, bulk wine stocks for Prosecco (DOC and DOCG), Valpolicella, Montepulciano d’Abruzzo, and for the new PDO Delle Venezie (Pinot Grigio) are also down.

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