Prosecco prices set to rise due to lack of availability at entry point

The days of cheap Prosecco could be numbered as the base price has risen by around a quarter in the past year, a leading importer has warned. Hallgarten Druitt made headlines last year after freezing its prices and said it has been able to repeat the feat on most wines this year, but Prosecco is a notable exception. Managing director Andrew Bewes told OLN: “Prosecco will hit everyone. The cost of production has risen. The base price has gone up 20%-25%. We will see it moving more in line with the Champagne market.