The Fort Worth Press - Global wine output to hit lowest level since 1961

USD -
AED 3.673042
AFN 68.000368
ALL 93.503989
AMD 394.640403
ANG 1.803454
AOA 910.982041
ARS 1010.514404
AUD 1.532602
AWG 1.8025
AZN 1.70397
BAM 1.852855
BBD 2.020368
BDT 119.577471
BGN 1.853785
BHD 0.376946
BIF 2895
BMD 1
BND 1.340521
BOB 6.914551
BRL 6.007504
BSD 1.000663
BTN 84.64038
BWP 13.614316
BYN 3.274755
BYR 19600
BZD 2.016957
CAD 1.399915
CDF 2871.000362
CHF 0.880115
CLF 0.035281
CLP 973.503912
CNY 7.242804
CNH 7.248785
COP 4423.89
CRC 508.525957
CUC 1
CUP 26.5
CVE 104.950394
CZK 23.878504
DJF 177.720393
DKK 7.052304
DOP 60.403884
DZD 133.353854
EGP 49.582504
ERN 15
ETB 124.203874
EUR 0.94565
FJD 2.263504
FKP 0.789317
GBP 0.785324
GEL 2.81504
GGP 0.789317
GHS 15.503856
GIP 0.789317
GMD 71.000355
GNF 8630.000355
GTQ 7.721093
GYD 209.350133
HKD 7.780085
HNL 25.317607
HRK 7.133259
HTG 131.139001
HUF 390.397504
IDR 15840.15
ILS 3.630855
IMP 0.789317
INR 84.55625
IQD 1310
IRR 42087.503816
ISK 137.380386
JEP 0.789317
JMD 157.660389
JOD 0.709104
JPY 149.544504
KES 129.503801
KGS 86.803799
KHR 4029.00035
KMF 466.950384
KPW 899.999621
KRW 1394.395039
KWD 0.30741
KYD 0.833843
KZT 517.043086
LAK 21945.000349
LBP 89600.000349
LKR 290.843636
LRD 179.203772
LSL 18.030381
LTL 2.95274
LVL 0.60489
LYD 4.880381
MAD 10.002039
MDL 18.311947
MGA 4694.012884
MKD 58.283647
MMK 3247.960992
MNT 3397.999946
MOP 8.022452
MRU 39.920379
MUR 46.450378
MVR 15.460378
MWK 1735.000345
MXN 20.287225
MYR 4.445039
MZN 63.910377
NAD 18.030377
NGN 1683.950377
NIO 36.824404
NOK 11.023465
NPR 135.42544
NZD 1.688006
OMR 0.38499
PAB 1.000663
PEN 3.753504
PGK 4.036911
PHP 58.592038
PKR 278.103701
PLN 4.056565
PYG 7815.179392
QAR 3.640504
RON 4.705704
RSD 110.563038
RUB 106.497518
RWF 1372.5
SAR 3.756917
SBD 8.39059
SCR 13.646706
SDG 601.503676
SEK 10.89057
SGD 1.338805
SHP 0.789317
SLE 22.750371
SLL 20969.504736
SOS 571.503662
SRD 35.40366
STD 20697.981008
SVC 8.755625
SYP 2512.529858
SZL 18.030369
THB 34.303649
TJS 10.906878
TMT 3.5
TND 3.142038
TOP 2.342104
TRY 34.697265
TTD 6.78003
TWD 32.448038
TZS 2640.000335
UAH 41.623291
UGX 3692.861541
UYU 42.870271
UZS 12861.081373
VES 47.252861
VND 25346.5
VUV 118.722009
WST 2.791591
XAF 621.430331
XAG 0.032627
XAU 0.000376
XCD 2.70255
XDR 0.76547
XOF 621.459768
XPF 113.503593
YER 250.403591
ZAR 18.016605
ZMK 9001.203587
ZMW 26.942023
ZWL 321.999592
  • RBGPF

    1.0000

    62

    +1.61%

  • CMSC

    0.0200

    24.54

    +0.08%

  • SCS

    0.0000

    13.47

    0%

  • BCC

    1.2000

    147.6

    +0.81%

  • RYCEF

    0.2200

    7.13

    +3.09%

  • VOD

    0.0000

    8.97

    0%

  • RIO

    0.5200

    62.84

    +0.83%

  • GSK

    -0.2000

    34.13

    -0.59%

  • AZN

    0.4200

    67.62

    +0.62%

  • RELX

    0.0300

    47.08

    +0.06%

  • NGG

    0.3500

    63.68

    +0.55%

  • CMSD

    -0.0400

    24.32

    -0.16%

  • BCE

    0.0100

    27.03

    +0.04%

  • BTI

    0.0000

    37.94

    0%

  • JRI

    0.2000

    13.61

    +1.47%

  • BP

    0.1800

    29.31

    +0.61%

Global wine output to hit lowest level since 1961
Global wine output to hit lowest level since 1961 / Photo: © AFP/File

Global wine output to hit lowest level since 1961

Global wine production is set to fall again this year to its lowest level since 1961 due to climate change, the International Organisation of Vine and Wine (OIV) said Friday.

Text size:

Output is estimated to reach between 227 million and 235 million hectolitres in 29 countries accounting for 85 percent of global production, according to the intergovernmental organisation.

If production reaches the midpoint of 231 million hectolitres, it would be down two percent from 2023 and a drop of 13 percent compared to the average of the 10 previous years.

"Climatic challenges across both hemispheres are once again major contributors to the reduced global production volume," OIV said in a report.

"The preliminary estimates reveal a complex landscape of climatic disruptions across EU wine regions due to climate change," it said.

"As with 2023, extreme or atypical meteorological events are the key influence on global production, with early frosts, heavy rainfall, and prolonged drought dramatically impacting vineyard productivity."

European production, which accounts for 60 percent of the global total, is down 11 percent overall, with only Hungary and Portugal producing wine at levels near average. At current trends, Europe's production will be the lowest in the 21st century, according to OIV head of statistics Giorgio Delgrosso.

Output in France, the biggest producer last year, is set to fall by 23 percent to 36.9 million hectolitres, the largest drop in the sector.

French vines have been hit by bad weather and diseases.

Italy recovered slightly from last year's low volume to reach 41 million hectolitres and reclaim the top spot ahead of France. Spain remains Europe's third-largest producer.

- Hitting worldwide -

In the southern hemisphere, which accounts for about 20 percent of world wine output, production is at its lowest in two decades.

OIV director John Barker said there was an "increasing volatility" and that southern countries could no longer make up for shortfalls when there are problems in northern-hemisphere countries.

He said the wine industry had to find answers to deal with the growing impact of climate change and sustainability.

"Only a small group of regions -- notably the United States and several Eastern European countries including Hungary, Georgia, and Moldova -- enjoyed more favourable climatic conditions, achieving average or above-average production volumes," OIV said.

The IWSR drinks consultancy said that wine consumption also fell by 3.9 percent in the first six months of the year, mainly because of consumers changing habits.

Wine drinking has fallen 20 percent since 2019, according to IWSR. It said that only consumption of Italian sparkling prosecco had increased in the first six months of 2024. Consumption of French champagne was down 8.6 percent.

K.Ibarra--TFWP