25 apr 2024 om 21:27 Update: 2 uur geleden
The amount of wine consumed internationally fell to the lowest level in 27 years in 2023. This is reported by the International Organization for Vine and Wine (OIV). According to the organization, the increased price of wine is the culprit.
The OIV, which is based in Paris, estimates that 221 million hectoliters of wine were consumed last year. That is 2.6 percent less than in 2022. A hectoliter is 100 liters and is equivalent to approximately 133 standard wine bottles.
According to the OIV, the price increase of wine has several causes. This would include disruptions in global supply chains and higher production and distribution costs.
The organization also expects production in 2023 to be lower than previously estimated. The OIV now assumes 237 hectoliters of wine. But in November an estimate of 244 million hectoliters was made. This means that wine production is much lower than in 2022. The lower estimate is partly the result of bad weather last year: early frost, heavy rainfall and drought. Global fungal diseases also had an impact.
Italy produced no less than 23 percent less wine last year than in 2022, causing the wine country to experience its worst year since 1950. Sales also declined in France last year.
