Wine is not a basic need – the Italians admitted
Even the Italians admit that wine is not a basic need, so the wine sector will have to face further difficulties in the coming period.
![](https://trademagazin.cdn.webgarden.io/wp-content/uploads/2022/11/Ke%CC%81pernyo%CC%8Bfoto%CC%81-2022-11-06-10.45.35.png)
People tend not to spend much on wine
“The purchasing power of families is decreasing, which can be an increasing problem, since wine is not a basic need. Strengthening food security and achieving green goals depends on rising costs for businesses”
– quoted by VG The words of Luca Rigotti, head of the wine working group of COPA-COGECA, the strongest interest protection group of European farmers based on Italian pages.
“The Russo-Ukrainian war and the accompanying energy crisis and inflation are seriously affecting all production sectors, including winemaking. In addition to processing costs, the price of various necessary materials such as glass, paper, labels and corks has also been released, and in many cases it is not easy to get them either”
– he emphasized.
Related news
Italian cured meat business Trinità acquired by local investor
Fondo Italiano d’Investimento said it will aim to consolidate Trinità’s…
Read more >Csányi Winery enters a new era
Csányi Pincészet, the largest winery in the Villány wine region…
Read more >A criminal group dealing in fake and illegal plant protection products and fertilizers has been busted in Romania and Italy
A criminal group was involved in the illegal trade of…
Read more >Related news
Private brands make record gains in first half of year
Private label products reached new heights in the first half…
Read more >Müller updates packaging to increase accessibility for blind shoppers
Müller is updating the packaging of all branded products with…
Read more >Auchan has appointed a new product director
From July 1, László Varga will perform the duties of…
Read more >