, Wine production and consumption declining

John Barker speaking at the OIV annual conference. OIV

New Zealander John Barker, director general of the International Organisation of Vine and Wine (OIV) presented preliminary estimates on the state of the world wine and vine sector in 2023 at the OIV annual conference. Here are some of the key points that Barker covered.

In 2023 the vineyard area was 7.2 million hectares, down 0.5% from 2022 94 countries produced wine More than half the world’s wine production is produced by the top six countries, which make up 56% of the global vineyard The southern hemisphere has 12% of the global vineyard.

Winegrowing countries in descending order by vineyard area:

Spain France China mainland Italy Turkey Chile USA Argentina Romania Portugal India (in the Top 10 for the first time) Global wine production fell by 10% in 2022 thanks to drought, extreme heat, flooding and fungal diseases 2023 was the smallest wine harvest since 1961 Production was dominated by France, Italy and Spain (in that order) The top eight producers made 75% of the world’s wine France regains the title of world’s largest wine producer World wine consumption is at the lowest level since 1996 Consumption has been trending downwards down for the last five years, thanks to COVID, Ukraine (supply disruptions), increased production distribution costs and inflationary pressures Wine consumption in China has fallen by two million litres a year in recent years Five countries are responsible for over half of global wine consumption

This Article was originally published on The Real Review

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