Milan, 27 September (LaPresse) – Italy ranks only third in terms of consumption, with prospects for further decline in the world ranking. In thirty years, the size of the domestic market has essentially halved. Worldwide, wine consumption has fallen from 236 million hectolitres in 2019 to 214 million in 2024, with red wines being penalised. The decline in domestic consumption has led to an increase in stocks, which in 2023 were higher than production, reaching over 50 million hectolitres. In July 2024, stocks fell to 40 million hectolitres, 20% less than the previous year, but with production down by 23%. These are the figures from the Eurispes Laboratory on fiscal policies, which makes proposals to address the crisis in the wine sector.
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