Global wine production is expected to fall to one of its lowest levels on record after harsh weather battered vineyards in Italy, France, and Spain, according to the International Organisation of Vine and Wine (OIV).
At the same time, demand is expected to recover to levels seen before the coronavirus pandemic. Based on information collected from 28 countries, representing 85% of the world production in 2020, the OIV placed world production for 2021 at between 247.1 and 253.5 million hectoliters (mhl), marking the third consecutive year of below-average output and approaching the 2017 level of 248 mhl, the smallest in six decades.
20-09-2023 | News
The California Beverage Container Recycling and Litter Reduction Act takes...
20-09-2023 | News
A newly released Emissions Reduction Roadmap for the Australian grape...
20-09-2023 | News
The Ministry of Health and Family Welfare/Food Safety and Standards...
20-09-2023 | News
The U.S. Trade Representative and EU Trade Commissioner reportedly plan...
13-09-2023 | News
Cutting-edge NASA imaging technology can detect early signs of a...
13-09-2023 | News
Tunisia's hot summer has hit the local wine industry, damaging...