IN BREVE
- Amorim Cork Italia closes 2025 with a turnover of 74 million euros, down 4.5% compared to 2024, while the volumes of corks sold remain stable.
- The company has completed the doubling of its Conegliano headquarters with an investment of 6.5 million euros, a sign of confidence in the wine sector.
- Volume stability is recorded despite a decrease in production across the sector, with a shift toward technical corks for white and rosé wines.
- Carlos Veloso dos Santos, CEO of Amorim Cork Italia, highlights the company’s resilience and its commitment to innovating and investing for growth.
- The US market remains central to Italian wine exports, but the situation regarding tariffs and the decline in consumption has impacted the entire supply chain.
Amorim Cork Italia closes 2025 with a turnover of 74 million euros, down 4.5% compared to 2024. However, the volumes of corks sold remain stable. In a contracting sector, this is a significant result.
The company workforce remains unchanged, confirming its organizational structure. In recent months, the doubling of the Conegliano headquarters was completed with an investment of 6.5 million euros. This is a signal of continuity and confidence in the Italian wine industry.
THE CONSUMPTION MIX CHANGES AND IMPACTS THE AVERAGE PRICE
Volume stability occurs within a complex context. Many companies in the sector have reduced production. Amorim Cork Italia maintained its sales levels, but with a change in the consumption mix. Demand has shifted away from red wines, particularly those for aging that use high-end single-piece corks, toward white and rosé wines. Technical corks are more common for these types, which has a direct impact on the average price.
“2025 was a challenging year for the entire wine supply chain, but also a year in which we demonstrated our resilience,” comments Carlos Veloso dos Santos, CEO of Amorim Cork Italia. “We maintained volumes while many players in the sector reduced their production. This demonstrates the solidity of our model and the relationship of trust we have with our customers. Meanwhile, we have not stopped investing and innovating: we are ready to return to growth, with unique solutions to accompany wine in its evolution.”
INVESTMENTS AND NEW CONSUMPTION TRENDS
The company is looking at new market dynamics. Factors considered include the generational shift, the growth of No and Low alcohol wines, and the evolution of still and sparkling wines. The sector is undergoing a phase of transformation accelerated by geopolitical tensions, inflation, and reduced purchasing power. The pressure from health lobbying, new traffic code restrictions, climate change, and evolving consumer tastes are also having an impact.
The US market played a significant role. The United States, the main destination for Italian wine exports, felt the effect of tariffs and a structural decline in consumption. The repercussions extended to the entire supply chain.
