Global wine production drops to historic low

25th April, 2018 by Lauren Eads

Global wine production fell to its lowest level in 60 years in 2017, according to confirmed figures released by the International Organisation of Vine and Wine (OIV).

Global wine production fell to 250m hectolitres in 2017

In its annual state of the market and international trade conference in Paris, the OIV confirmed that wine production had dropped to 250 million hectolitres in 2017, the lowest level since 1957, when volumes stood at 173.8m hectolitres, according to Reuters.

Compared with 2016, this represented an 8.6% decline, which was attributed to unfavourable climate conditions across the EU and included terrible frosts and a heatwave that hit France, Spain and Italy during the spring and summer.

Across Europe, production fell by 14.6%. As all three are among the world’s….

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