The climate is once again going to be tough on European wine and must production in 2024/25

Published 2024년 11월 15일

Tridge summary

The European wine sector is projected to see a decrease in production in the 2024/25 campaign, with a projected total of 144 million hectolitres, marking a 3% decrease from the previous year and a 10% drop from the five-year average. This decline is attributed to adverse weather conditions and droughts. The main producers, Italy and Spain, are expected to lead with 41 Mhl and 38.1 Mhl respectively, while France is expected to see a significant decrease of 21.7%. The unpredictable weather and increased production costs have led to domestic demand decline, making exports more crucial for market stability.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The European wine sector estimates that wine and must production in the current 2024/25 campaign will reach 144 million hectolitres, which represents a slight decrease of almost 3% compared to the previous year and 10% below the five-year average. This decrease reflects the continuing challenges facing the sector, especially in terms of adverse weather conditions. Thus, Italy would be in the lead again, after a poor 2023, with an estimated production of 41 Mhl, surpassing France. Spain would again occupy second place, with a marked improvement in its production over last year of 18%, reaching 38.1 Mhl, relegating France to third place, having suffered a significant decrease of almost 22% of its production over the previous campaign, remaining at just 37.4 million hectolitres. Among the main EU wine producing countries, France, Germany and Portugal would see production declines compared to 2023, with declines of 21.7%, 8.7% and 7.9% respectively. In contrast, Italy and Spain would ...

Source: Qcom.es