Climate challenges reduce production in the European wine sector

Published Nov 15, 2024

Tridge summary

The European wine sector is projected to see a 3% decrease in production in 2024, totaling 144 Mhl, due to both climatic and economic challenges. Italy has become the leading wine producer, experiencing a 7% increase, while France has seen a 22% decrease. Adverse weather conditions, including droughts and excessive rainfall, have affected production in various countries. Rising production costs and difficulties in accessing credit have further complicated the situation. In response, countries are implementing measures such as adopting definitive grubbing-up policies in France and promoting exports to mitigate the impacts and support the sustainability of the sector.

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

Original content

The 2024 campaign for the European wine sector is expected to produce 144 Mhl of wine and must, a 3% decrease compared to last year and 10% below the average of the last five years. This decrease reflects the growing climatic and economic difficulties faced by producers in Europe. Italy, Spain and France lead production Italy regains its lead this year as the world's leading producer, with 41 Mhl, an increase of 7% compared to the previous year, although still 12% lower than its five-year average. Spain is in second place with 38.1 Mhl, experiencing a significant increase of 18% compared to last year thanks to the good performance of the vineyards in Castilla-La Mancha, which represent more than half of the national production. In contrast, France falls to third place, with a 22% reduction in its production to 37.4 Mhl, weighed down by problems such as mildew, frost and heavy rain during flowering. Adverse weather conditions Erratic weather has been a determining factor in wine ...

Source: Agrodigital