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ITALIAN WINE UNDER TARIFFS: SEARCHING FOR NEW MARKETS AMID SHIFTING GLOBAL CONSU
U.S. Tariffs Push Italian Wine Producers to Explore Asia-Pacific Markets The 15% U.S. tariff on Italian wine, imposed by President Trump, is reshaping global trade dynamics. The U.S. has long been Italy’s largest export market, and no alternative can replace it overnight. In response, Italian wineries are increasingly eyeing Asia-Pacific, including China, Japan, Australia, and New Zealand, as potential growth regions. However, evolving consumer habits in the region present both challenges and opportunities. A survey by CGA by NIQ shows rising moderation: 31% of consumers report drinking less, driven by health and economic concerns. The trend toward mindful drinking is fueling demand for no- and low-alcohol beverages, with beer leading, followed by wine and spirits. Italian producers must adapt by innovating with lighter styles, sustainable practices, and low-alcohol options to align with new consumption patterns while maintaining appeal to traditional audiences. (ICE TORONTO)
Fonte notizia: https://wine-intelligence.com/blogs/wine-news-insights-wine-intelligence-trends-data-reports/italian
