Vineyards
Italy’s market share increased from 8 per cent in 2019 to 18 per cent in 2021
Italy has one of the oldest viticultural heritages in the world and some of its finest wines.
Appassionati (wine officionados) rave about the big reds of Piedmont and Tuscany, now widely agreed to rank alongside the best of Burgundy and Bordeaux.
According to the Liv-ex fine wine exchange, Italy’s market share increased from 8 per cent in 2019 to 18 per cent in 2021 , with prices also rising. Meanwhile Prosecco continues to be a highly popular export to the United States and the United Kingdom, among others.
Now international investors are beginning to take advantage of the opportunities in Italian wine. Many will see it as a chance to diversify their portfolio with an asset that, if well chosen, will not only produce income but grow in land value.
A little known fact
Winemaking in Italy goes back to 4,000 BC in Sicily.