According to the International Organization of Vine and Wine, world wine production in 2023 is expected to be the lowest in the last 60 years, with a 7% decrease compared to 2022. This is due to adverse weather conditions such as drought, frost, and hail, which have affected grape producers and winemakers around the world. While some countries like France and the United States have seen favorable conditions, others like New Zealand have experienced a significant decrease in production.