Italian producers raise the alarm over exploding costs

A wide range of cost rises are challenging the wine industry globally, according to Italy’s leading producers’ association.

(Foto: Fotolia/Gina Sanders)
(Foto: Fotolia/Gina Sanders)

The Unione Italiana Vini – UIV – has announced a ‘black autumn’ for its members in the latest issue of its house organ Corriere Vinicolo. The shortage and inflation of raw materials as well as a rise in transport costs and a slowdown in shipping could raise the total ex-cellar cost of a bottle by as much as 10 to 50 percent. 

"On top of the staggering increase in energy costs (up by 138% compared to 2020), barrels being 30 percent more expensive than last year, and the ongoing container crisis, that is leading to an ever-increasing rise in costs and delivery times, the raw materials used in the wine industry are also becoming more expensive. These include wood products such as pallets (up by 53%), followed by metal (plus 44%), paper (60%) and glass (20%)" says the Corriere Vinicolo. An inflationary spiral will be set in motion, that "will inevitably lead to mark-ups along the supply chain that will be difficult to manage and will also have a significant impact on consumers". 

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