The Shout Magazine (New Zealand)

Global wine production expected to be at the lowest level in more than 60 years

Extreme weather conditions, including early frost, heavy rainfall, and drought, have significantly impacted the output of the world vineyard, according to the International Organisation for Vine and Wine (OIV).

The industry group’s Head of the Statistical Department and the Digital Transformation, Giorgio Delgrosso, has announced the first estimates of 2023 world wine production, which shows it is set to fall to its lowest level since 1961.

Fueling the decline are expected drops of 12% and 14% in output in Italy and Spain, the world’s biggest and third-biggest producers in 2022, respectively.

“Based on the information collected on 29 countries, which account for 94% of the global production in 2022, world wine production (excluding juices and musts) in 2023 is estimated between 241.7 mhl and 246.6 mhl, with a mid-range estimate at 244.1 mhl .

“This represents a decrease of 7% compared to the already below-average volume of 2022.”

OIV says this would be the smallest production since 1961 (214 mhl), even lower than the historically small production volume of 2017 (248 mhl).

“This negative scenario can be attributed to significant declines in major wine-producing countries in both Hemispheres,” says the report.

“While in the Southern Hemisphere, Australia, Argentina, Chile, South Africa, and Brazil recorded year-over-year variations between -10% and -30%, in the Northern Hemisphere, Italy, Spain and Greece are the countries that suffered the most from bad climatic conditions during the growing season.”

The OIV says the only exception is New Zealand, the only country with a 2023 production level above its five-year average.

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