This year, world wine production will be the lowest in the last 60 years

Due to extreme climatic conditions, grape harvests have fallen sharply in some major wine-producing countries of the EU and the Southern Hemisphere. This was reported by the International Organization of Grapes and Wine (OIV). According to the first estimates of the OIV, a low volume of production in the European Union is expected. Italy and Spain record a significant decrease in relation to 2022 due to adverse weather conditions that led to downy mildew and drought. France will be the world's largest producer in 2023, with volume slightly above the 5-year average. Forecasts for the first US crop show that production will not only be higher than in 2022, but also higher than the average seen in recent years. In the Southern Hemisphere, wine production is expected to be significantly lower than in 2022. Australia, Argentina, Chile, South Africa and Brazil were badly affected by adverse weather conditions. The only exception is New Zealand, the only country whose production level in ...