A report compiled by the International Organization of Vine and Wine (OIV) shows that the most affected countries were Italy (-23%) and Spain (-20%). Production also fell in Germany (-3.8%), Hungary (-2.1%) and Austria (-6.5%).
event
April 25 – MedikaTV – Digestive Health Marathon
May 23 – European Funds Marathon
May 27 – Profit.ro Real Estate Event (4th edition) – The Romanian real estate market under the aspect of the Western crisis
Data from the OIV, which covers 50 countries and accounts for 75% of the world’s wine-growing area, shows that in 2023, EU wine production fell by 10% and reached its lowest level since 1962. The report also shows that in some countries in Europe, a rainy spring has caused flooding, damage and losses in vineyards, as well as a spread of vine diseases. Other countries, especially those in southern Europe, have faced excessive drought, BiiziDay reports.
READ ALSO Coffee will not get cheaper anytime soon, because Vietnamese farmers are waiting for better contracts
The OIV points out that while climate change does not bear the full responsibility for the poor wine year, it is the biggest challenge facing the sector. Grapevines are extremely vulnerable to climate change, and these have affected crops in both the northern and southern hemispheres.
The decrease in production came simultaneously with a decrease in wine consumption, against the backdrop of inflation in Europe and the US, but also with a decrease in exports to China. Globally, last year saw the lowest wine consumption since 1996.
Tags: European countries wine production fallen lowest level years rise prices led lowest consumption years