Agrifood made in Italy towards a record 70 billion in exports by 2025

It therefore becomes important to look at those markets that have performed well, such as Mexico, Poland Romania and South Korea, which have recorded an average annual growth rate of 12% over the last ten years. And with further growth potential that could come from the free trade agreements with Mercosur (a market with 260 million people and over 3 trillion dollars of GDP) and Indonesia (with 287 million inhabitants, where Italian exports have already reached 90 million euros, with a growth rate of +58% from 2019).

"If market diversification is one of the main priorities for the sector today, the ability to read in advance the changes taking place and build solid alliances is more than essential for creating new growth opportunities. It is also for this reason that, as Nomisma," commented president Paolo De Castro, "we seek to support companies in the supply chain in their internationalisation journey through in-depth analyses, dedicated solutions and consulting services. The collaboration agreement signed with Simest also goes in this direction'.

The Italian system also seems to be holding up for wine and spirits, even if in this case the minus sign prevails in the first nine months of the year despite the fact that the effect of US tariffs has not yet taken hold (and indeed with the stock effect that may have caused a distorting effect - in a positive sense - on the data): the overall drop in wine exports stands at -2%, compared to -2.4% in France and -6.7% in Chile, according to the Federvini Observatory, edited by Nomisma and TradeLab, which notes that "in the United States, after the peak in orders in the first quarter, a physiological contraction is recorded (-4.8% in value for wines and -5% for spirits)".

"We are facing a physical and behavioural redefinition of consumption," comments Federvini President Giacomo Ponti. The downturn in the United States was expected and should be read as part of a broader commercial dynamic. But the real news is the shift from consumption of habit to consumption of choice, where the determining variable becomes the quality of the experience".

On the domestic front, meanwhile, wines confirmed their stability in value (+0.9%). The spirits sector was more dynamic, closing the first nine months with a plus sign both in value (+0.3%) and volume (+0.7%). Vinegars also confirmed themselves as a must-have product, with constant growth of 3% in value, driven by Balsamic Vinegar of Modena PGI (+2.4%) and apple vinegar (+5.5%).