Georgia defies global wine production slump

Published 2024년 12월 4일

Tridge summary

In 2024, global wine production hit its lowest point since 1961 due to extreme weather, but Georgia bucked the trend with an outstanding vintage. The Georgian wine harvest exceeded the five-year average by 20% and was 27% higher than in 2023, with the Saperavi grape variety particularly lauded. This success coincides with a 40% increase in Georgian wine exports to the UK from 2022 to 2023. The Georgian wine industry aims to leverage this success with enhanced marketing and participation in major trade events in 2025 to further elevate its international presence.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

While global wine production has hit historic lows, Georgia has bucked the trend with its 2024 vintage, according to new data. Global wine production in 2024 has fallen to its lowest levels since 1961, according to new figures from the International Organisation of Vine and Wine (OIV). Extreme weather events, including drought and hail, were major contributors to the sharp decline, which has left the wine industry grappling with challenges across traditional regions. However, amid the global downturn, Georgia has emerged as a rare bright spot. With both quality and volume surpassing recent years, the 2024 Georgian wine vintage has been hailed as “exceptional”. According to the Georgian National Wine Agency, the 2024 harvest was 20% above the five-year average and 27% higher than 2023, a year that saw significant losses due to hail. Producers have welcomed the rebound not just for its scale but for the quality it brought across all regions of Georgia, with the red grape variety ...

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