mediterraneo wine & food and travel 2023

The first international trade fair in the Mediterranean II EDITION

The beauty, the goodness, the value.

Italian food and wine and tourism companies meet foreign companies and international operators in the sector (buyers, importers, distributors, trade agents, travel agents, representatives, wholesalers, restaurateurs, hoteliers) at one of the most important exhibition centers in the Mediterranean Basin: Mostra D'Oltremare in Naples.

The Location (Mostra D'Oltremare)

Mostra d'Oltremare, inaugurated as the Triennial Exhibition of Italian Overseas Lands on May 9, 1940, was and is a large, protected and safe park, unique in its kind. Mostra d'Oltremare stands at the center of an articulated system of activities that embrace multiple sectors and involve, both directly and indirectly, companies, associations, institutions, professionals, and consumers. It is a multifunctional urban park of about 720,000 square meters, with a prestigious urban and environmental heritage, which brings together, in perfect harmony, architecture, greenery and initiatives of various kinds.

A big opportunity

The Participation in the 2nd Edition of the MEDITERRANEAN WINE & FOOD AND TRAVEL international trade fair represents for Italian food and wine and tourism companies, and for foreign companies, the most important global trade fair event ever held in the Mediterranean area. The fair proposes, as a first initiative, the aggregation of Italian companies from various regions and foreign companies from various countries. In fact, the event includes an exhibition area intended for Italian companies - within which to promote and relaunch the MADE IN ITALY brand (starting from the South) - and an area intended for foreign companies.

The Advantages

The possibility for companies to work “as a team”, that is being arrangedin the stands in such a way as to offer potential customers an overview of the Italian regional excellences.

Information ​stand

The Fair will also offer each region the opportunity to self-promote through its own information stand that, together with the stands of the companies of the same region will offer the opportunity to taste typical specialties.

Foreign countries will be promoted together with their companies and typical products.

Amplify the advertising return

Organize sponsoring activities with companies and credit institutions, in order to amplify the advertising return.

exhibit area

The outward communication, thanks to the fair, of a large production area of high quality and competitiveness, compact and efficient. The exhibit area will be open and not closed.

The tourism sector will have a specially reserved area inside the Castel dell’Ovo, the most ancient of Naples and one of the most representative elements of the city, which stands out in the famous panorama of the Gulf, in front of Via Partenope, the street of the famous hotels preferred by international tourism.

Special Events

Big wine awards 2022.

International competition of wines of excellence addressed to Italian and foreign wineries, divided by category with an evaluation of merit by a special International Jury (composed of sommeliers, oenologists, journalists and experts in the field) and assignment of awards provided by the regulation.

*The application form must be completed and sent to: [email protected]

Chef in... Mostra

International Award of Gourmet Haute Cuisine for Italian and foreign Chefs, divided by category with an evaluation of merit by a special International Jury (composed of starred Chefs, gastronomes and journalists) and awarding of the recognitions foreseen by the regulations.

Meronis International Awards

International Award that aims to recognize individuals and legal entities in the international sphere who have particularly distinguished themselves for high quality and professionalism in their business and strong connection with the world of "wine."

Ente organizzatore

Ente promotore

Media partner e official partner

Partner istituzionali

Partner organizzativo

Main Partner & Official Partner 

Period:  March 14 - March 16, 2024 Opening of the exhibition areas:  10:00am - 8:00pm

1° DAY | MARCH  14th

10 a.m. - Opening of exhibition booths and B2B with buyers. 10:30 a.m. Opening Ceremony of the Kermesse at the Hall 3 Conference Hall with Conference: "HUB ITALIA FOR AGRIBUSINESS AND TOURISM: TWO SIDES OF THE SAME COIN." 12:00 p.m. - Celebration of the "Meronis International Prize 2024 Edition" at the Hall 3 Conference Room 12:30 p.m. - "Chefs... on Show 2024" at the Pavilion 3 Theme Area. 3:00 p.m. - FEDERAGRI Thematic Conference at the Hall 3 Conference Room. 4:00 pm - "Chefs in... Exhibition 2024" at the Thematic Area Hall 3.

2° day | june 26th

10 a.m. - Opening of exhibition booths and B2B with buyers. 10 a.m. AEREC thematic conference at the Thematic Area Hall 3 "AGRICULTURE, TOURISM AND DEVELOPMENT: HOW TO CREATE TRUE WELL-BEING." 10:30 a.m. - FEDERAGRI Thematic Conference with international authorities at the Hall 3 Conference Hall. 12:30 p.m. - "Chefs... on Show 2024" at the Thematic Area Hall 3. 2:30 p.m. - Thematic Conference International authorities at the Hall 3 Conference Room: "ITALY: BRIDGE BETWEEN AFRICA AND EUROPE (THE MATTEI PLAN)." 3 p.m. - Masterclass of wines from Campania by ONAV/Agricultural University Federico II of Naples at the Thematic Area Hall 3. 4 p.m. - "Chefs in... Exhibition 2024" at the Thematic Area Hall 3. 4:30 p.m. - "Big Wine Awards 2024" International Wine Competition Awards Gala at the Hall 3 conference room.

3° day | june  27th

10 a.m. - Opening of exhibition booths and B2B with buyers. 10:30 a.m. - International authorities thematic conference at the Hall 3 Conference Room: "ITALY AND SOUTH AMERICA: BETWEEN COOPERATION AND NEW CHALLENGES." 12:30 p.m. - "Chefs... on Show 2024" at the Thematic Area Hall 3. 3 p.m. - Masterclass of wines from Campania by ONAV/Agricultural University Federico II of Naples at the Thematic Area Hall 3. 4 p.m. - "Chefs... in Mostra 2024" at the Thematic Area Hall 3.

The calendar is updated on a monthly basis as reported on the websites of the associated exhibition venues and events, or upon request by the organisers. For further updates and for all detailed information, we recommend you to visit the exhibition website.

MEDITERRANEO WINE&FOOD AND TRAVEL

https://mediterraneowinefoodandtravel.com/

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The Best Food Destination in the US, According to Tripadvisor Users

The travel platform analyzed millions of reviews from the past year to determine the best places to travel in 2023.

Maria Yagoda is a senior editor at Food & Wine, where she has worked for five years, specializing in restaurant and travel coverage.

If most of your travel revolves around eating, this news is relevant to your interests. Tripadvisor, the digital travel platform, surveyed millions of user reviews from the past year to name the best places to travel in 2023, and one category focused specifically on the best food destination in America.

This year, New Orleans landed the number one spot for the U.S. — and with good reason. The city is full of restaurants worth getting on a plane for and boasts a rich, centuries-old food culture you can't find anywhere else. On the international list, Rome was named the best food destination in the world, and we think that checks out. (You can see the full list of top-ranked food destinations here .)

Lara Hata / Getty Images

"We saw a resurgence of travel demand in 2022, and the outlook for this year is bright," Sarah Firshein, the head of editorial at Tripadvisor, shared in a statement. "Long-haul trips have made a comeback, and we're seeing a lot of Americans excited to plan trips to Asia and the Pacific region for the first time in several years. Cities like Paris and London, which may have taken a backseat to less populous destinations throughout the pandemic, are back on travelers' minds, while places like Alaska and Cuba are also piquing a lot of interest."

Notably, the platform named Cuba the number one trending destination for 2023, and Fes, Morocco, was named the "best place for culture."

We have our own predictions about what travel will look like this year , too. Expect a resurgence in train travel, off-beat food trails, and all-inclusive resorts.

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F ood + wine trave l

Have passport, will travel for food? Foodie travel is for those of us who understand life is too short to eat bad food. Think of it this way, our favorite dinner deliveries are international: pizza, Thai, Indian, Chinese, Mexican. But there’s nothing like having it straight from the source. Instead of ordering tacos for takeout, go on a food tour through Oaxaca and try the Mezcals exclusive to the region. Have paella on a sandy beach in Spain or get to know the many faces of French and Italian cuisine through food and wine travel. If there’s one thing culinary travel teaches us, it’s that there’s a binding cultural thread in food. We learn about the people, their customs, their access to ingredients, and the ingenuity behind cooking techniques, some of which can even seem primitive. But once you taste a country’s authentic cuisine, and not the over-salted knock-off versions served in tourist traps, you’ll never be the same.

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Mediterraneo Trade  is located in  Central Florida  and is an  Importer and Distributor of the most captivating wines, beer and food of Italy. We began our company out of a passion for travel, food & wine. We are thrilled to introduce our amazing wines from our wonderful Italian producers to Florida! With our selection, you will feel like you have traveled the country and have tasted “La Dolce Vita”.

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Falanghina : Prestigious Imperial Italian Wine

History of Falanghina Falanghina is a native valuable vine from the ancient, noble, glorious traditions: vigorous and productive, resulting from greek-Balkan strains, was introduced in Campania region by Aminei, pelagic

Cantine Vallebelbo

The Cantina Vallebelbo Sca is an agricultural cooperative that collects and vinifies the grapes produced by 160 wine growers that have about 500 hectares of precious vineyards in the heart of the Langhe, on the hills around Santo Stefano Belbo.

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It is here in Ponte di Piave that our devotion to the land has been handed down from father to sons. Sisto, our grandfather, was one of the few to

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• Convene & Red Stitch Wines La Dolce Vita! 2023 Mediterranean Wine Cruise Now Sailing

September 22 - October 02

• Cruise & Tours
• Optional Land Tours
• About the ship

Ports of Call

Terms & conditions, this program is now on a waitlist status. please contact our travel advisors to be added to the waitlist..

Program Highlights

• Personally hosted by Dan & Katie Kosta, Convene by DK Wine Group and Rich & Amy Aurilia, Red Stitch Wines
• Private events including a welcome reception, seminar & wine tasting, farewell toast and winemaker’s dinner featuring host wines from both Convene & Red Stitch
• Optional Food & Wine Trails’ 3-night pre-cruise Monte Carlo land program
• Food & Wine Trails’ private optional wine-themed shore tour options in select cities, curated exclusively for guests of Convene & Red Stitch
• FREE Roundtrip Airfare plus airport/ship transfers (restrictions apply)
• FREE unlimited soft drinks, bottled water, cappuccino, espresso, teas and juices
• All meals & entertainment on ship
• FREE Internet package
• Free pre-paid gratuities and $100 shipboard credit per stateroom 

OLife Added Benefits.  Your Choice per stateroom of:

FREE Beverage Package ~ $600 Shipboard Credit ~ Six (6) FREE Shore Excursions

Food & Wine Trails is extremely excited to welcome Convene and Red Stitch as your wine hosts for their 2nd Wine Cruise. Together these powerhouses will join forces for a 10-day epicurean and wine adventure through the some of Europe’s most iconic cities in Italy and Croatia.

After a very successful South Pacific cruise in January of 2020, Dan and Katie Kosta of Convene, DK Wine Group along with Rich and Amy Aurilia of Red Stitch are thrilled to be your congenial cruise hosts. These two couples are not only great friends, but are also devoted wine enthusiasts.

As you can imagine, traveling with your congenial hosts is a wine/food/sports lover’s dream come true! Food & Wine Trails has put together a robust program that lives up to their talents and passions. Our optional pre-cruise program and optional wine-themed shore tours have been curated exclusively for guests of Convene & Red Stitch.  We  will take you off the beaten path and to some of the most sought after wineries and vineyards for private tours, tastings and wine-paired lunches.  Your cruise ends in Venice, Italy – for the ultimate La Dolce Vita!

While onboard the beautiful Sirena , join your hosts for private events including a welcome reception, seminars & tastings and a winemaker’s dinner featuring hand-selected vintages from Convene and Red Stitch.

Cruise Line

Oceania Cruises

Monte Carlo to Venice

Dan & Katie Kosta

President & Founder - Convene, DK Wine Group

Rich & Amy Aurilia

Co-owners, Red Stitch Wines

Convene & Red Stitch Wines 

Destination: Italy & Croatia To & From: Monte Carlo to Venice Dates: September 22 – October 2, 2023 Length: 10 Days Ship: Sirena

 F&WT Hosted: Optional Monte Carlo 3-night Pre-Cruise Land Program 

F&WT Onboard Event: Welcome Reception 6:00 – 7:00 PM in Sirena Lounge

F&WT Optional Shore Tour: Super Tuscan Wines of Italy

F&WT Onboard Event: Winemaker’s Dinner 6:30 PM in Tuscan Steakhouse

F&WT Optional Shore Tour – Wines of Taormina

F&WT Onboard Event: Convene Wine Tasting & Seminar 2:30 – 4:30 PM in Tuscan Steakhouse

 F&WT Optional Shore Tour: Discover Croatian Wines 

F&WT Onboard Event: Red Stitch Wine Tasting & Seminar 2:30 – 4:30 PM in Tuscan Steakhouse

F&WT Onboard Event: Farewell Toast 6:00 – 7:00 PM in Sirena Lounge

Food & Wine Trails Optional Land Tours

09/19 - 09/22/2023

Now available: optional 3-night pre-cruise land program.

NOW AVAILABLE: Super Tuscan Wines of Italy Optional Shore Tour

NOW AVAILABLE: Wines of Taormina Optional Shore Tour

NOW AVAILABLE: Discover Croatian Wines Optional Shore Tour

Per person pricing.

*Air Credit for those electing not to use the free air travel included with the price of the cruise is $1,000 per person and subject to change at time of reservation.

Prices Prices are per person based on cabin double or single occupancy and include shipboard accommodations, round trip air (see Air terms on Registration Form), transfers between the airport and ship on day of embarkation and debarkation only for guests participating in Oceania’s air program, onboard meals, all surcharges, government taxes, limited travel management services and private wine program. Prices do not include items of a personal nature. F&WT reserves the right to correct pricing errors or omissions. Prices will not increase after you make full payment, except for charges resulting from increases in government-imposed taxes, fees or fuel surcharges. Request Triple prices.

Ask your Travel Advisor about prices for the Owners, Vista and Oceania suite

About the Ship

The better-than-new Sirena blends sophistication with a contemporary flair to create a casually elegant ambiance that embodies the most treasured elements of our celebrated ships. Every surface of every suite and stateroom is entirely new, while in the public spaces, a refreshed color palette of soft sea and sky tones surrounds a tasteful renewal of fabrics, furnishings and lighting fixtures that exquisitely encompasses the inimitable style and comfort of Oceania Cruises.

Grand Staircase

Penthouse Suite

Veranda Stateroom

Grand Dining Room

Martinis Bar

Click Here for Food & Wine Trails complete Terms & Conditions

REGISTRATION FORM To book a stateroom on this sailing, you must submit a completed registration form with deposit. For your convenience the registration form can be completed and electronically signed online by all passengers traveling.  Request a registration form from your Travel Advisor or download from the link provided.

For PC users the PDF form can be completed online, saved and returned via email to [email protected].

For MAC users, the process for properly filling in and saving a PDF form is slightly different than on a Windows machine. By default, the Mac’s Preview application is set to open all PDF files, but Preview will not save the data you put into the forms. Right-click on the pdf or hold down the Control key on your keyboard and click on it. A menu will appear, select “Open With”. Choose Acrobat Reader from the list of programs. From within Acrobat you will be able to fill in the fields and save the file with your text and submit the completed form via email.

PAYMENTS: Include your credit card information on the registration form and FAX to (707) 346-5789.

BOOKING INCENTIVES: Please note that cruise line offered promotions including but not limited to free gratuities, shipboard credits, and internet packages can be cancelled or discontinued by the cruise line without notice at any time. F&WT includes such promotional offers on this web site in good faith and will remove expired, cancelled or discontinued offers within 24 hours of notification. F&WT will not be financially responsible for expired, cancelled, or discontinued cruise line promotions they in good faith advertise on this web site as valid.

OLIFE PROMOTION Standard terms apply. OLife Choice amenities are per stateroom, based on double occupancy and subject to change. Free Internet is one per stateroom; Owner’s, Vista & Oceania Suites receive access for two devices per suite. OLife Choice free shore excursions vary by voyage and exclude Oceania Choice, Oceania Exclusive and Executive Collection. Voyages up to 9 days receive 4 free shore excursions or $400 shipboard credit; 10-12 days receive 6 free shore excursions or $600 shipboard credit; 14+ days receive 8 free shore excursions or $800 shipboard credit. If shore excursion amenity is selected, all excursions must be chosen at least 14 days prior to sailing. Food & Wine Trails optional shore tours do not qualify as Oceania’s OLife Choice free shore excursions. OLife Choice beverage package amenity is House Select. Guests in the same stateroom must choose the same OLife Choice amenity and amenity must be chosen by final payment. Not all promotions are combinable.

PREMIUM ECONOMY AIR UPGRADE Limited time offer maybe withdrawn at anytime or increase in price without notice by Oceania Cruises. Premium Economy air upgrade only available when air is purchased through Oceania Cruises.  It applies to intercontinental flights only and is priced per person, each way on select voyages from select gateways, open to al categories for Europe embark and disembark ports only and based on availability.  Not available on all airlines.

REQUIRED DOCUMENTATION Please note, Oceania Cruises requires that all guests submit a completed Guest Registration Form before final payment can be processed. You can either request a blank OCI Guest Registration Form from your Travel Consultant or submit the information directly to the cruise line on their web site: OCEANIA CRUISES MY ACCOUNT

TRAVEL INSURANCE F&WT strongly recommends the purchase of (Allianz) travel insurance to safeguard your trip investment.

Please note: Cruise escorts, experts scheduled to appear and onboard programming are subject to change with or without notice. For a complete listing of all tour conditions, please refer to the registration form.

More From Forbes

Troubled times for wine in 2023: global production and consumption shrinking.

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In 2023, the world wine production declined by 10% to reach 237.3 million hectolitres. Most major wine countries experienced a very difficult year. France regained its position as the world’s biggest wine producer. Wine consumption worldwide also declined. It reached 221 million hectolitres in 2023, which is a decrease compared to 2022 with 2.6%. Equally, the world's vineyard surface area shrunk in 2023, but only modestly, with 0.5% to 7.2 million hectares. Thanks to the decline in both production and consumption, the market is still in balance but has suffered significant inflationary pressure.

John Barker, director general of The International Organisation of Vine and Wine (OIV), presented today the estimates for the wine industry in 2024. (All numbers given here are preliminary estimates by the OIV.)

Vineyard landscape in Marlborough, New Zealand, copyright BKWine Photography

World Wine Production — shrinking

The world’s total wine production declined dramatically in 2023, shrinking by 10% from 2022 to reach 237.3 million hectolitres (Mhl). This is a two-decade-long trend. In 2004, the world's wine production reached around 295 Mhl. Today, it is around 20% lower.

The volume in 2023 is the lowest wine production since 1961. The picture varies from country to country, but most big wine producers saw a decline. Some countries experienced very dramatic declines.

France regained its position as the world’s biggest wine producer and actually increased the volume by 4%. However, both Italy and Spain, the number two and three, saw very significant reductions in wine production, minus 23% and 21% respectively.

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The decline is mainly due to the extreme climate conditions that several countries experienced, including rains, floods, fires, etc., and the ensuing problems with vineyard diseases.

World wine production 2023

Of the top ten countries for wine production, only France, the USA, and Portugal increased output.

It is worth noting that these changes mean that the USA has significantly narrowed the gap to “the big three” (France, Italy, and Spain). Next year (2024) will show if this is a permanent rapprochement or if it was temporary. Following those, we have the traditional southern hemisphere “gang of four”, Chile, Australia, South Africa, and Argentina, which are close to each other in wine volume, but Germany is catching up on them.

The world’s three biggest wine producers, France, Italy and Spain, together only have a hair’s breadth from making half of all the world’s wine.

The world’s top ten countries with the biggest production of wine are:

• France, 28 Mhl, +4%
• Italy, 38.3 Mhl, -23%
• Spain, 28.3 Mhl, -21%
• USA, 24.3%, +9%
• Chile, 11 Mhl, -11%
• Australia, 9.6 Mhl, -26%
• South Africa, 9.3 Mhl, -10%
• Argentina, 8.8 Mhl, -23%
• Germany, 8.6 Mhl, -4%
• Portugal, 7.5%, +10%

World wine production, top countries, 2023

World Vineyard Surface Area — shrinking

The world’s total acreage of vineyards declined moderately, by 0.5% to 7.2 million hectares. Even if a loss of 0.5% may seem modest, the decline in “wine production capacity” is a trend that has been going on for more than twenty years since a peak in 2003. The global vineyard acreage was then just over 7.8 million hectares. Almost 8% has been lost.

Spain remains the biggest country with almost one million hectares. France is second; China is third and Italy is number four.

The world’s top ten countries with the largest vineyard area are:

• Spain, 945 Mha (million hectares), with a declining ten-year trend and a decline in ‘24
• France, 792 Mha, stable trend, decline in ‘24
• China, 756 Mha, uncertain trend, stable ‘24
• Italy, 720 Mha, slightly upward trend, stable in ‘24
• Türkiye, 410 Mha, strongly declining trend, decline in ‘24
• USA, 392 Mhl, significantly declining trend, stable ‘24
• Argentina, 205 Mhl, declining trend, decline in ‘24
• Romania, 187 Mhl, declining trend, decline in ‘24
• Portugal, 182 Mhl, declining trend, decline in ‘24
• India, 180 Mhl, growing trend, growth in ‘24

The EU countries have 45% of the world’s total acreage and five of the top ten countries. The six biggest countries represent 56% of the total.

It should be noted that these numbers include all vineyards, including those producing grapes for other uses than wine, such as raisins and fruit juice.

World vineyard surface area 2023

World Wine Consumption — shrinking

The world’s wine consumption follows the same negative trend: global wine consumption declined in 2023.

The world’s wine consumption reached 221 million hectolitres (Mhl) in 2023, which is a decrease of 2.6% compared to 2022. This is also a long-term trend. Consumption reached a peak in 2007 when it reached around 250 Mhl. It is now down around 12% from that level.

OIV estimates that the decline in consumption is due to the covid effect and inflation, leading to higher consumer prices.

World wine consumption 2023

Most countries have only seen moderate changes in consumption. The exceptions are China, where wine consumption dropped by a quarter, and Romania, where it increased by one-fifth.

The USA remains the world’s biggest wine-consuming country. It is followed by the big European wine-producing countries France, Italy and Germany. Then we have the UK, Spain and Russia.

World wine consumption, major countries, 2023

But this is not the end of the bad news for the global wine industry.

World Wine Exports and International Trade — declining

Wine exports saw a decline in both volume (-6.3%) and in value (-4.7%) in 2023 compared to 2022.

The OIV also tracks another interesting number that they call “the market internationalisation index”. It indicates how much wine is consumed in country other than where it was produced. In other words, it is another way of looking at domestic consumption compared to exports; an illustration of wine globalisation. It is also something that sends a message to wine producers: “export markets are increasingly important”.

The “market internationalisation index” has seen a rapid increase, meaning that more and more wine is consumed somewhere else than in its home market. Twenty-four years ago, in 2000, the market internationalisation index was around 27%. Well over two-thirds of all wine was consumed on the “home market”. Twenty-one years later, the index had reached 48% - almost half of all wine is consumed in another country than where it was produced.

But the last two years, 2022 and 2023, have seen a decline in the internationalisation index. In 2023, it was 45%.

There is no obvious explanation for this. Small harvests or inflationary pressures would likely affect both domestic and international markets, so the answer is probably not there. The OIV pointed to one possible explanation: destocking, particularly in the North American market. Have (primarily) US importers bought too much wine in the two first covid years (2020 and 2021) that they are now releasing into the market, and thus need to buy less from abroad? Possibly. We will see what happens over the next few years.

Some good news for the world wine industry after all

The numbers paint a bleak picture of the world wine industry in 2023. However, there are some bright spots.

With total production dropping significantly in 2023, one might have feared a potential shortage looming. But the parallel drop in consumption negates that. Production and consumption are still in balance, with production exceeding consumption by 5-10%. This difference is needed to satisfy the demand for other uses, such as vinegar production and distillation.

From a producer perspective, the price evolution has also been positive. The average export price for wine reached a record 3.62 euros per litre, an increase of 2% from 2022. Some countries have fared particularly well. Both France and the USA have almost doubled the average export price over ten years. For France, it is now 9.4 euro/l, and for the USA, it is 5.5 euro/l. Most other big exporters have seen a similar evolution over the last ten years. With the exception of Canada.

This is, of course, a clear illustration of the inflationary pressure on the wine industry. And it is, of course, less good news for the consumers.

—Per Karlsson

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Srn member links, léoville las cases launches bordeaux's futures campaign with a big price drop—will the wines entice buyers.

The 2023 vintage is strong but not a blockbuster and merchants are increasingly questioning the en primeur  process

• Mitch Frank ,
• Cassia Schifter

The premise of Bordeaux en primeurs is fairly simple: The top wineries of the region sell futures the spring after harvest, while the wines are still aging in barrels. They get cash up front to help them cover production costs. The négociants —as well as the retailers, restaurants and consumers they sell the futures to—get first dibs on the wine, theoretically at a lower price than when it’s bottled and released two years later.

There’s five numbers that shatter this concept however—2022, 2021, 2020, 2018 and 2017. According to Liv-Ex, a London-based marketplace that tracks collectible wines, the current prices of the top 500 Bordeaux estates from those five vintages are all below their futures prices. Only the 2019 vintage has proven a worthwhile investment for Bordeaux consumers.

So do the châteaus need to change their approach if they hope for the 2023 vintage campaign to succeed? And will they?

Bordeaux May Not Need Futures Anymore

For several years now, there has been growing evidence the top names in Bordeaux see futures less as a sales campaign and more as a marketing opportunity that allows them to set their price benchmarks. Prices have continued to climb, despite the ups and downs of the global economy. At the same time, château owners are reducing the amount of wine they release as futures. Once they were desperate for cash flow—now they have enough money to age the wine and sell most of it years later, when demand is higher. Château Latour left the futures process entirely in 2012.

Despite the rising prices and diminishing returns, the négociants have continued to buy futures each year. Their motivation has been to hold on to their allotments from the top wineries.

But the négociants may not be able to play that game any longer. Their inventory is at record levels. The pandemic and its aftermath have hurt their bottom lines. And château owners seem to have finally realized this. “The négociants don’t have the money,” one prominent estate director in the Médoc told Wine Spectator . “They are not going to buy their allotments to hold stock this year. That is absolutely clear.”

James Molesworth, Wine Spectator senior editor and lead taster for Bordeaux, weighs in on the wisdom of buying futures .

Do Consumers Need Bordeaux Futures Anymore?

The early buzz from Bordeaux is that the 2023 wines are potentially outstanding, but also hetergeous. It's another mixed bag of a vintage. There’s also word that this year’s campaign will be efficient and prices will come down. Will they drop enough to entice American consumers who no longer need to buy Bordeaux, when there are hundreds of outstanding luxury wines available from regions like Burgundy, Barolo, the Rhône and California? That’s the big question.

While some industry insiders suggested prices could fall dramatically, others offered a word of caution. "For Château Beychevelle , the primeur price is always, and will remain, the cheapest the market can get. So in 2023 our price will be lower than 2022," said Philippe Blanc, general manager of Beychevelle. "But what it will not be is 30 to 35 percent lower, as expected by some of the trade. We have a fair idea of a price that is absolutely acceptable and that our clients would not reject."

In coming weeks, Wine Spectator will report and analyze the latest releases from Bordeaux, compare them to past vintages available now and see how sincere the châteaus are in their plans to woo back wine consumers.

April 30: Léoville Las Cases and Pontet-Canet Start the Campaign

The campaign entered like a lion bearing discounts— Château Léoville Las Cases released its 2023 futures at €138 per bottle ex-négociant, a 40 percent decrease on the 2022 release price of €230 per bottle. Leading U.S. retailers are offering the 2023 for $181 a bottle, $2,172 a case, a 50 percent decrease from the 2022. That puts the wine, which has not been reviewed yet, well below recent vintages on the market.

Château Pontet-Canet has been aggressive on pricing in recent years, but the winery released its futures at €66 per bottle ex-négociant, down 26.7 percent on the 2022 release of €90. Leading retailers are offering 2023 futures at $91 a bottle, or $1,092 per case, a 27 percent decrease from the 2022s.

Is this a sign of a serious effort by Bordeaux to offer value? That depends on whether other top names follow suit.

2023 Futures Prices

These estates represent a selection of leading wineries. Retail prices are an average of trusted retailers we follow. Prices for the 2023s are listed alongside the current prevailing retail price for Bordeaux's recent vintages, so you can measure where the wines are vis-à-vis those currently on retail shelves.

Data compiled by Cassia Schifter

$NA means a wine has not been released or is not sold in sufficient quantities by U.S. retailers yet to determine an average price.

With reporting by Suzanne Mustacich.

Learn more about the 2023 vintage with Wine Spectator senior editor James Molesworth's tastings of barrel samples at leading châteaus .

More bordeaux-barrel-tastings-2023

Léoville las cases takes the 2023 bordeaux stage—and then the 2024 wine experience.

May 1, 2024

Château Pichon Lalande's 2023 Bordeaux Throwback

Apr 29, 2024

Léoville Barton Doesn't Quit When It's Ahead

Apr 26, 2024

A Serious 2023 Bordeaux at Château Pichon Baron, and Another Sweet Suduiraut Sauternes

Apr 24, 2024

A 'Cabernet Vintage' at Bordeaux's Château Beychevelle

Apr 23, 2024

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40 Facts About Elektrostal

Written by Lanette Mayes

Modified & Updated: 02 Mar 2024

Reviewed by Jessica Corbett

Elektrostal is a vibrant city located in the Moscow Oblast region of Russia. With a rich history, stunning architecture, and a thriving community, Elektrostal is a city that has much to offer. Whether you are a history buff, nature enthusiast, or simply curious about different cultures, Elektrostal is sure to captivate you.

This article will provide you with 40 fascinating facts about Elektrostal, giving you a better understanding of why this city is worth exploring. From its origins as an industrial hub to its modern-day charm, we will delve into the various aspects that make Elektrostal a unique and must-visit destination.

So, join us as we uncover the hidden treasures of Elektrostal and discover what makes this city a true gem in the heart of Russia.

Key Takeaways:

• Elektrostal, known as the “Motor City of Russia,” is a vibrant and growing city with a rich industrial history, offering diverse cultural experiences and a strong commitment to environmental sustainability.
• With its convenient location near Moscow, Elektrostal provides a picturesque landscape, vibrant nightlife, and a range of recreational activities, making it an ideal destination for residents and visitors alike.

Known as the “Motor City of Russia.”

Elektrostal, a city located in the Moscow Oblast region of Russia, earned the nickname “Motor City” due to its significant involvement in the automotive industry.

Home to the Elektrostal Metallurgical Plant.

Elektrostal is renowned for its metallurgical plant, which has been producing high-quality steel and alloys since its establishment in 1916.

Boasts a rich industrial heritage.

Elektrostal has a long history of industrial development, contributing to the growth and progress of the region.

Founded in 1916.

The city of Elektrostal was founded in 1916 as a result of the construction of the Elektrostal Metallurgical Plant.

Located approximately 50 kilometers east of Moscow.

Elektrostal is situated in close proximity to the Russian capital, making it easily accessible for both residents and visitors.

Known for its vibrant cultural scene.

Elektrostal is home to several cultural institutions, including museums, theaters, and art galleries that showcase the city’s rich artistic heritage.

A popular destination for nature lovers.

Surrounded by picturesque landscapes and forests, Elektrostal offers ample opportunities for outdoor activities such as hiking, camping, and birdwatching.

Hosts the annual Elektrostal City Day celebrations.

Every year, Elektrostal organizes festive events and activities to celebrate its founding, bringing together residents and visitors in a spirit of unity and joy.

Has a population of approximately 160,000 people.

Elektrostal is home to a diverse and vibrant community of around 160,000 residents, contributing to its dynamic atmosphere.

Boasts excellent education facilities.

The city is known for its well-established educational institutions, providing quality education to students of all ages.

A center for scientific research and innovation.

Elektrostal serves as an important hub for scientific research, particularly in the fields of metallurgy, materials science, and engineering.

Surrounded by picturesque lakes.

The city is blessed with numerous beautiful lakes, offering scenic views and recreational opportunities for locals and visitors alike.

Well-connected transportation system.

Elektrostal benefits from an efficient transportation network, including highways, railways, and public transportation options, ensuring convenient travel within and beyond the city.

Famous for its traditional Russian cuisine.

Food enthusiasts can indulge in authentic Russian dishes at numerous restaurants and cafes scattered throughout Elektrostal.

Home to notable architectural landmarks.

Elektrostal boasts impressive architecture, including the Church of the Transfiguration of the Lord and the Elektrostal Palace of Culture.

Offers a wide range of recreational facilities.

Residents and visitors can enjoy various recreational activities, such as sports complexes, swimming pools, and fitness centers, enhancing the overall quality of life.

Provides a high standard of healthcare.

Elektrostal is equipped with modern medical facilities, ensuring residents have access to quality healthcare services.

Home to the Elektrostal History Museum.

The Elektrostal History Museum showcases the city’s fascinating past through exhibitions and displays.

A hub for sports enthusiasts.

Elektrostal is passionate about sports, with numerous stadiums, arenas, and sports clubs offering opportunities for athletes and spectators.

Celebrates diverse cultural festivals.

Throughout the year, Elektrostal hosts a variety of cultural festivals, celebrating different ethnicities, traditions, and art forms.

Electric power played a significant role in its early development.

Elektrostal owes its name and initial growth to the establishment of electric power stations and the utilization of electricity in the industrial sector.

Boasts a thriving economy.

The city’s strong industrial base, coupled with its strategic location near Moscow, has contributed to Elektrostal’s prosperous economic status.

Houses the Elektrostal Drama Theater.

The Elektrostal Drama Theater is a cultural centerpiece, attracting theater enthusiasts from far and wide.

Popular destination for winter sports.

Elektrostal’s proximity to ski resorts and winter sport facilities makes it a favorite destination for skiing, snowboarding, and other winter activities.

Promotes environmental sustainability.

Elektrostal prioritizes environmental protection and sustainability, implementing initiatives to reduce pollution and preserve natural resources.

Home to renowned educational institutions.

Elektrostal is known for its prestigious schools and universities, offering a wide range of academic programs to students.

Committed to cultural preservation.

The city values its cultural heritage and takes active steps to preserve and promote traditional customs, crafts, and arts.

Hosts an annual International Film Festival.

The Elektrostal International Film Festival attracts filmmakers and cinema enthusiasts from around the world, showcasing a diverse range of films.

Encourages entrepreneurship and innovation.

Elektrostal supports aspiring entrepreneurs and fosters a culture of innovation, providing opportunities for startups and business development.

Offers a range of housing options.

Elektrostal provides diverse housing options, including apartments, houses, and residential complexes, catering to different lifestyles and budgets.

Home to notable sports teams.

Elektrostal is proud of its sports legacy, with several successful sports teams competing at regional and national levels.

Boasts a vibrant nightlife scene.

Residents and visitors can enjoy a lively nightlife in Elektrostal, with numerous bars, clubs, and entertainment venues.

Promotes cultural exchange and international relations.

Elektrostal actively engages in international partnerships, cultural exchanges, and diplomatic collaborations to foster global connections.

Surrounded by beautiful nature reserves.

Nearby nature reserves, such as the Barybino Forest and Luchinskoye Lake, offer opportunities for nature enthusiasts to explore and appreciate the region’s biodiversity.

Commemorates historical events.

The city pays tribute to significant historical events through memorials, monuments, and exhibitions, ensuring the preservation of collective memory.

Promotes sports and youth development.

Elektrostal invests in sports infrastructure and programs to encourage youth participation, health, and physical fitness.

Hosts annual cultural and artistic festivals.

Throughout the year, Elektrostal celebrates its cultural diversity through festivals dedicated to music, dance, art, and theater.

Provides a picturesque landscape for photography enthusiasts.

The city’s scenic beauty, architectural landmarks, and natural surroundings make it a paradise for photographers.

Connects to Moscow via a direct train line.

The convenient train connection between Elektrostal and Moscow makes commuting between the two cities effortless.

A city with a bright future.

Elektrostal continues to grow and develop, aiming to become a model city in terms of infrastructure, sustainability, and quality of life for its residents.

In conclusion, Elektrostal is a fascinating city with a rich history and a vibrant present. From its origins as a center of steel production to its modern-day status as a hub for education and industry, Elektrostal has plenty to offer both residents and visitors. With its beautiful parks, cultural attractions, and proximity to Moscow, there is no shortage of things to see and do in this dynamic city. Whether you’re interested in exploring its historical landmarks, enjoying outdoor activities, or immersing yourself in the local culture, Elektrostal has something for everyone. So, next time you find yourself in the Moscow region, don’t miss the opportunity to discover the hidden gems of Elektrostal.

Q: What is the population of Elektrostal?

A: As of the latest data, the population of Elektrostal is approximately XXXX.

Q: How far is Elektrostal from Moscow?

A: Elektrostal is located approximately XX kilometers away from Moscow.

Q: Are there any famous landmarks in Elektrostal?

A: Yes, Elektrostal is home to several notable landmarks, including XXXX and XXXX.

Q: What industries are prominent in Elektrostal?

A: Elektrostal is known for its steel production industry and is also a center for engineering and manufacturing.

Q: Are there any universities or educational institutions in Elektrostal?

A: Yes, Elektrostal is home to XXXX University and several other educational institutions.

Q: What are some popular outdoor activities in Elektrostal?

A: Elektrostal offers several outdoor activities, such as hiking, cycling, and picnicking in its beautiful parks.

Q: Is Elektrostal well-connected in terms of transportation?

A: Yes, Elektrostal has good transportation links, including trains and buses, making it easily accessible from nearby cities.

Q: Are there any annual events or festivals in Elektrostal?

A: Yes, Elektrostal hosts various events and festivals throughout the year, including XXXX and XXXX.

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