Wine production falls to lowest level of output since 1961
The intergovernmental body mentioned that output reached 244.1 million hectolitres (Photo by Jill Wellington via Pexels)
The International Organisation of Vine and Wine (OIV) has stated that for the first time since 1961, global wine production has fallen to its lowest level. Extreme weather conditions are the collective source of vineyards’ poor growing conditions.
Several major producers in the southern hemisphere including Australia, Argentina, Chile, South Africa and Brazil all saw output drop between 10 and 30%.
Presenting its first findings, the intergovernmental body mentioned that output reached 244.1 million hectolitres, which is down 7% from last year.
Italy’s output has fallen by 12%, losing the title of top word producer while France has taken top spot, while Spain remains in third, according to The Guardian.
The OIV, said: “Once again, extreme climatic conditions – such as early frost, heavy rainfall, and drought – have significantly impacted the output of the world’s vineyards.
“In a context where global consumption is declining and stocks are high in many regions of the world, the expected low production could bring equilibrium to the world market.”
