Wine harvest up but price down for French winegrowers at the end of 2022

Published Mar 15, 2023

Tridge summary

France's wine production in 2022 saw a significant increase of 21% from the previous year, reaching 45.8 million hectoliters, as reported by Agreste, the ministry's statistical service. This surge is attributed to favorable weather conditions that compensated for the impacts of the previous year's climatic challenges. Despite the overall increase in production, prices for appellation winesexcluding champagne saw a decrease of 3% from the previous year, with varying impacts across different regions. Wine availability for the first part of the 2022-2023 marketing campaign rose by 5% compared to the previous year, thanks to the larger harvest, although reserves experienced a decline. Sales of still wines in France saw a decrease of 6% in 2022, with red wines being more significantly affected than their white and rosé counterparts. Global wine production in 2022 remained stable at 262 million hectoliters, with Italy leading as the largest producer.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

France would have produced 45.8 million hectoliters of wine in 2022, a volume up 21% compared to a "historically low" 2021 harvest due to climatic calamities, Agreste, the ministry's statistical service, said on Tuesday. based on customs data. It would thus exceed the average of the last five years (2017-2021) by 7%. While the exceptional summer drought limited yield potential in some regions, wine production rebounded year-on-year in most basins, according to Agreste. "The late summer rains allowed the final ripening of the grapes and mitigated the effects of the drought on volumes. However, these favorable conditions were not sufficient in the vineyards of the South-West and Charentes, affected by frosts and then by hail. Over the period from August to December 2022, which corresponds to the first part of the 2022-2023 marketing campaign, the production prices of appellation wines excluding champagne, which are the prices received by winegrowers, "s' trending downward,” by 3% ...
Source: Pleinchamp

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