Italy BUSINESS Flashcards
Briefly outline important trends in Italian wine production since the 1960s
- Improvement in Q
- Increased value of exports
- SST + temp control
- BDX blends in Tuscany
- Emphasis on local grapes recently
- Commercial success of Prosecco
Outline Italy’s system of wine regulation / PDOs including defined terms.
No GI - Vino
PGI - (IGT)
PDO - (DOC)
PDO - (DOCG)
- Stricter controls on yields, wine must pass tasting panel
Defined terms:
- Classico – grapes → historical area
- Superiore – higher min abv
- Riserva – at least 2 years → red, 1 year → white. Some individual DOC/DOCG specify part of it must be in oak.
What is the average vineyard holding in Italy? What is Italy’s largest wine-producing company?
Small <2ha –> growers usually sell to co-ops and merchants
Caviro - giant co-op that operates across several regions
Outline trends in domestic consumption and exports.
Domestic consumption in long-term decline
40% of wine exported
US, Germany then UK
Describe the structure of production in Trentino cf. Alto-Adige
Landholdings - small
Co-ops very important 80%
Cavit
Why do many quality producers use Vigneti delle Dolomiti IGT instead of Trentino DOC?
Very high % of wines use DOC (high yields allowed) so don’t want to be associated with poor quality e.g. Foradori
Under DOC rules, what categories of wine can there be? (3) Alto-Adige
- Bianco - Chardonnay, Pinot Bianco, Pinot Grigio, no single variety >70%
- Single variety, >85%
- Two variety blends with >15% of each
Where is wine sold - Alto-Adige?
75% domestic - 1/2 of that sold within the region via tourism
25% export - Germany and US
Outline reasons behind the increase in exports by value between 2013-18 (3)
ID three threats to continued growth. - Friuli
55% growth in five years
- Strong reputation for quality
- Increased demand for PG and Prosecco
- Better promotion of red varieties esp. Refosco
Threats
- Cheap PG being produced in Italy
- Emerging quality areas like Trentino-AA
- Cheap wine from Eastern Europe
Describe the production structure of Soave
SMALL Vineyard holding
Co-Op → Cantina di Soave - 50%
Which regions have presented challenges to Soave? What has the impact been? How is this being addressed?
Challenge Inexpensive PG from elsewhere in Veneto
Impact Reduced export volumes
Responses
- Pulling up Garganega vines to replace with PG
- Classifying single vineyards following soil, aspect, elevation survey –> 33 single vineyards approved
Why is Amarone made at such a variety of quality levels?
High demand means lots of volume production so Q ranges from good to outstanding
What is the Valpolicella Consorzio?
Industry body representing >80% of producers of DOC(G) wines
Outline production trends in Amarone and Ripasso.
What impact has this had on the production of Valpolicella?
Amarone up 6x since 90s
Ripasso up 4x
Production of Valpolicella down 40% as growers receive better money for dried grapes
What % of Amarone is exported? Where is it sold?
65% export - Germany, US, Switzerland, UK