Global wine production in 2024 to be lowest since 1961

World wine production will be at its lowest level since 1961 this year, down 2% compared to the already short 2023 season, and 13% compared to the average of the last decade, according to forecasts by the International Organisation of Vine and Wine (OIV). It estimates that it will be between 227 and 235 million hectolitres, with an average projection of 231 million. “Climatic challenges in both hemispheres are once again the main causes of this lower volume of world production,” underlines the OIV, which specifies that most of the world's producing regions have been affected. Europe expects “a low level of production”. Italy, with 41 million hectolitres (+7% compared to the previous year), exceeds its “short results of 2023” and regains its position as world leader. France, on the other hand, has seen the sharpest decline of all these countries in 2024 (-23% compared to 2023, to 36.9 million hectolitres) and has fallen back to second place among the main ...