The 2019 vintage promises to be of high quality, but less generous, compared to a record 2018. At present, there is a drop in production between 10 and 30%, which would appear to be the main consequence of the climate effect. Lower production also in France and Spain, not only in Italy.

However, Italian winemakers would not only be concerned with the decline in production, but also and above all the market trend, as the level of remuneration would not always cover production costs.

Lombardy, which in 2019 saw a very hot summer, boasts healthy grapes, but production is expected to have a drop of up to 20%, in the Oltrepo Pavese and in Franciacorta, while in Valtellina it would be limited to a 10% drop compared to 2018.

Expected production to be in the media, in Piedmont, which in spring was hit by frost and in June by heat waves.

As for the production of Pinot Gris, in Veneto we expect a drop of up to over 20%, reaching around 13 million quintals, however of high quality.

In Emilia Romagna, which has seen a very demanding period from the point of view of the health of the grapes, the expected drop would reach 30% and the Pinot and Chardonnay vines would have small clusters, with very separate berries.

The exception would be all of Tuscany, which sees a delay in the harvest of about 10 days and where an increase in production of up to 5% is expected for unpublished rosé wines, bringing production to over 2 million hectoliters. For Brunello, on the other hand, a slight reduction is expected.

In Puglia, as in the rest of Italy, a year is expected among the best of the decade, with the hope of a market recovery that brings prices back to a level acceptable to winemakers. Production would be down by 20% due to unfavorable weather conditions, especially in spring.

Also in Sicily the harvest would be delayed by about 10 days, with a production reduced up to 30% for early white grapes, especially in Western Sicily, while the decline for black grapes would be of lesser importance.[/vc_column_text][vc_column_text]EUROCREDIT BUSINESS INFORMATION makes IRIDE, as well as anyone operating in the agri-food sector, make available to all winemakers, an extremely important tool for assessing sectoral risk. IRIDE is the first community for credit security.

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