Pursuits
Prosecco 2016 Output Seen Up as Much as 20% as U.K. Sales Surge
- Britain has become the largest export market for Prosecco
- Record 2015 harvest followed weather-hit 2014 vintage
Bottles of northern Italian Prosecco sparkling wine on display at the 2016 London Wine Fair.
Photographer: Guy Collins/BloombergThis article is for subscribers only.
Production of Italian Prosecco sparkling wine is poised to rise 15 percent to 20 percent this year as vineyards expand and amid continuing strong demand from major export markets, according to Luca Giavi, head of the group set up to protect its authenticity.
The 2015 Prosecco grape harvest was a record, producing 340 million liters of wine, or about 450 million bottles, according to data from Prosecco DOC. Seventy percent of the output is exported, with about 35 percent going to the U.K. and 17 percent to the U.S.