A very interesting article by Wine News underlines the excessive number of medals of the English wine contests. According to OIV there should be less than 33% whereas the various contests by “Decanter” awarded medals to 70% of the participants and <<“The Drinks Business”, regardless of a jury made up practically of only Masters of Wine, actually awarded in one go medals to 90% of the Champagnes>> state ironically Wine News. A situation that could be connected to the price to be paid for every one of the 16.000 bottles in the first of the competitions mentioned and that was put into evidence by “La Revue du Vin de France”.
Medals from the International wine competitions -International-wine-challenge
The “Vinalies Internationales” seem to be much more rigorous, they give medals to 29,8% of the 3.500 competitors and the Concours mondial de Bruxelles gives recognition to 28,2% out of 8.000.
Although the advantages go quite rightly to the sole winners of these competitions every medal, if well used, with commercial actions and with vip clients, can give an increase in wine price between 10-15% and an increase in winery reputation. Read more…
This was a real triumph, a wonderful harvest. In all my life I have never seen anything similar; all the clusters were perfect, ripe, small and perfectly sound, from the first to the last.
Harvest 2015 Brunello Donatella Cinelli Colombini
In the Brunello region this harvest beats even the great 2010 vintage, and news coming from the rest of Italy is good too.
2015 Harvest – Assoenologi data
To be on the safe side I wrote little about the 2015 harvest. I kept my fingers crossed and I waited until all the grapes had reached the cellar. It was over in a flash: 7-9 September merlot, 21 -30 September Sangiovese,Foglia Tonda and Sagrantino. A big team of 18 youngsters went up and down the vine rows scissors in hand. Red baskets filling the bins ready to be taken to the cellar at Casato Prime Donne and Fattoria del Colle. Also quick, so quick that Barbara the cellar master had trouble keeping up with grapes arriving on the sorting table. A harvest amid music, many pickers had on headphones as if they were jogging. Maybe this is what accelerated the rhythm. This is something worth thinking about, even though the music isolates and stops the chitchat full of jokes, taking the Mick and camaraderie which for centuries has been the life of grape-picking.
1.600 quintals 160 tons of grapes, not even that much. In my 33 hectares an average of 46 quintals per hectare, so 4,6 tons. Read more…
Foreign buyer shunt for Italian vineyards: not only people from the US and northern Europe as in the past but also millionaires from Bric nations. So we have Russians who buy up the historic Gancia di Canelli winery, the Brazilian banker Andrè Santos Esteves who buys the Tenuta di Argiano in Montalcino. A few days ago some South Africans planted their flag near the Monna Lisa – La Gioconda- Vignamaggio villa in the heart of Chianti Classico. But there are also buyers from China around and this keeps the prices high both of the big estates and of the small, which are more prestigious regardless, that the number of estates on sales is higher than ever before.
The prices of “villa with Vineyard” are stable, this type permits one toassociate to a wine production their holidays in Italy with family and friends. The report published by Knight Frank the major consulting and real estate society in the world, indicates for this type, an increase of 20% in 2013 in Tuscany. But let’s go back to the vineyards using the report byWine News for Vinitalya few days ago and a previous one by Giorgio dell’Orefice for the “Il Sole 24 ore” based on information by Assoenologi: the prices vary enormously: the most expensive are in Alto Adige from 800-550.000€ the hectare, straight after the Cannubi hill in Barolo where the vineyards costs 700.000€ per hectare. The best land in Prosecco –Conegliano and Valdobbiadene tank to the enormous commercial boom, have prices around 4-500.000€ while in Amarone 480.000€ and in Valpolicella 550.000€. In Veneto as in Trentino the prices decrease to 350-300.000€ outside of the top areas. Read more…
Italy , because of the economic crisis which reduces the purchasing power, goes rapidly down the line of the consuming nations. Here is the list edited by WineMonitorby Nomisma: first France with 36,6 million hectolitres, followed by the US (29 million hectolitres), Italy with 22,6, Germany 20 and China 17,8 million hectolitres. Next to this list it is a good idea to position another from Mediobancawith the markets where consumption is increasing and here we see China in the lead with +15% followed by USA 8,2%, UK 6,5% and Russia 5,6%.
But the surprise come s from Africa. Shall the Dark Continent be the future market for Italian wines? For the moment the figures are very small: 534 million dollars in wine imports from Italy in 2012 and wine consumption concentrated in South Africa which is also a producing nation, so let’s not get our hopes up. However as pointed out by Wine News, the Africans with an income superior to 20.000 $ per year are more than the Indians with the same income, so, it is possible to foresee a growth in the size of the middle class of the Dark Continent and an increase in consumption products to be imported.
The profile of the online buyer comes from Vente-privee.com(reproposed by WineNews) an e-commerce giant with 18 million rapports all over the world and 30 million in the wine business during 2012. The sector, according to them is just starting, and seems destined to expand enourmously. Read more…