Wine producers are warning of a global prosecco shortage later this year into 2016, with significant price increases.
After a massively successful campaign to promote Prosecco and educate consumers worldwide, the world had become hooked to the reasonably-priced, deliciously fresh and versatile Italian champagne-like bubbly.
But it was too good to last. Expect to serve something else at your party this coming year as wine producers are warning of a global prosecco shortage as a result of a significant decrease in yield due to heavy rainfall in the Conegliano and Valdobbiadene regions of the Veneto in northern Italy, where prosecco is produced; lower production due to the new, recently planted vineyards not being ready to harvest; and increasing demand – increases in the UK and US were 65% and 35% respectively, according to Enore Ceola, Managing Director of Mionetto USA.
“Although these factors will certainly affect all Prosecco producers, those with long-standing history and well-established relationships with vineyard partners, will prevail through these challenges,” said Enore Ceola. “With 130 years of experience and over 40-year relationships with its growers, Mionetto is capable of remaining strong during this challenging time.”
