Italian wine exports fell 3% in the second quarter of 2026
Italian wine exports declined by 3% year on year between April and June 2026, even as the country’s overall agri-food exports returned to growth with a 1.9% increase, according to CREA’s latest CREAgritrend quarterly bulletin.
Agri-food trade returns to growth
The CREAgritrend bulletin, published on November 2 by CREA’s Research Center for Policies and Bioeconomy, described the Italian agri-food sector as broadly stable in the second quarter after a setback in the first three months of the year. Agri-food exports rose 1.9% from the same period of 2025, while imports decreased by 1.6%.1
Italy’s gross domestic product increased by 0.2% from the previous quarter and by 1% year on year. On a quarterly basis, agricultural value added fell 0.2% and industry declined 0.5%, while services grew 0.4%. Compared with the second quarter of 2025, agriculture was up 0.4%, industry 0.5% and services 1.1%.1
Final national consumption and gross fixed investment each rose 0.3% from the preceding quarter. Household expenditure on durable goods increased by 0.9%, continuing a pattern that CREA said had persisted for several quarters.1
Beverage output rises as turnover weakens
Food manufacturing output was almost unchanged, rising 0.1% year on year and underperforming manufacturing overall. Beverage production increased by 4%, but the sector’s turnover fell 2.7%: domestic beverage sales declined 0.4% and foreign turnover dropped 7.8%.1
Food-industry turnover decreased by 4.7%, primarily because of a 6.5% contraction in the domestic market, while foreign sales of food products rose 3%. The combination of higher beverage production and lower revenue indicated a more difficult commercial quarter, particularly in export markets.1
Wine and olive oil lose ground
Performance varied substantially among product categories. Wine exports fell 3%, confectionery exports declined 6%, and olive oil recorded the largest decrease at 15%. By contrast, dairy exports grew 2.7%, prepared meats 2.9% and cereal-based products 2.1%.1
Export results were also uneven by destination. Italian sales to the United Kingdom rose 2.7%, those to Switzerland increased 2.1%, and exports to France gained 1.5%. Shipments to Germany fell 1.9%, while exports to the United States declined 2.9%.1
Imports show mixed demand
Spain remained Italy’s largest supplier. Imports from France decreased 4.9%, those from Germany fell 5.6%, and purchases from the Netherlands dropped 12.1%. Imports from Austria, however, rose 7.3%, while those from Brazil increased 3.2%.1
By product group, Italy raised imports of fish products by 6.8% and oils and fats by 4.4%. Purchases of fresh and frozen meat, dairy products, cocoa and raw coffee declined. CREA did not attribute these movements to a single cause, presenting them as evidence of selective demand and uneven sector performance.1
Sector sentiment and wine consumption
CREA’s analysis of content published by specialist websites between June 15 and September 22 found that positive assessments represented 64% of the total, 2.6 percentage points more than in the previous quarter. Negative assessments accounted for 34.7%, leaving the sector’s measured sentiment predominantly positive despite pressure on some export categories.1
A separate survey in the bulletin covered 1,038 Italian consumers. Of those questioned, 94.4% said they drank wine at least occasionally. Taste was a purchasing criterion for 82% of respondents, while denomination of origin was cited by 73.7%; 41.2% said they would be prepared to spend more than €20 on a bottle.1
Sources
Written by the Dionysus editors from the sources above.