Poor weather around the world is likely to cause global wine production to drop to a six-decade low this year.
The International Organisation of Vine and Wine (OIV) says that wine production around the world is likely to be about 7% lower in 2023 than last year.
Such a yield would be the worst since 1961.
The OIV attributes the low levels of production to bad weather, including frost, heavy rainfall and drought.
This is the best summary I could come up with:
Poor weather around the world is likely to cause global wine production to drop to a six-decade low this year.
The OIV attributes the low levels of production to bad weather, including frost, heavy rainfall and drought.
“A perfect storm in the north and south hemispheres has created this catastrophic situation,” the OIV’s head of statistics, Giorgio Delgrosso, told the BBC.
But it remained perfectly even in France, meaning the country is now the world’s largest producer, overtaking Italy.
“As economic growth in China has slowed since 2018, we’ve seen consumption and imports of wine drop significantly,” Mr Delgrosso said.
In August, the French government announced that it would allocate some €200m (£171.6m) to destroy surplus wine stocks as the industry struggled to adapt to falling demand.
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