Industry revenue of manufacture of wine from grape in Italy 2011-2023

Wine, or Vino as it is called in Italy, is a very intrinsic part of Italian culture with domestically produced brands gaining much popularity globally. Italy’s wine production hit 54.8 thousand hectoliters in 2018, up significantly from 42.5 thousand hectoliters in 2017. According to official estimates, Italy’s bumper grape harvest in 2018 resulted in the country becoming the largest wine producer globally, with revenues estimated to grow from 12.7 billion U.S. dollars in 2017 to 16.4 billion U.S. dollars in 2023. One of the key reasons for Italy’s dominance is that it offers more appellations and local grape varieties and styles than any other nation in the world. Veneto is the largest grape producing region in the country, followed by Apulia, Emilia-Romagna, Sicily and Abruzzo.

Italian wines are also exported to many countries around the world with America unsurprisingly being the largest importer owing to its size and love for new world wines. Veneto is again the largest exporting region, followed by Piedmont, Tuscany, Trentino-South Tyrol and Lombardy.

Industry revenue of manufacture of wine from grape in Italy from 2011 to 2023

Revenue in billion U.S. Dollars
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Sources

Supplementary notes

* Estimate - This also applies for past years as data provided by statistical institutions often is not available for more recent years.

Currency conversion factor: (EUR -> USD) = 1.186

The industry classification is based on the NACE Rev.2 - system in Italy. The industry “manufacture of wine from grape“ has the code “C1102“.

Details on the methodology can be found here.

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