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Global wine production is anticipated to reach its lowest level in 60 years in 2023, attributed to poor harvests in the Southern Hemisphere and major European producers. The International Organisation of Vine and Wine (OIV) made this projection. This decline is expected to result in increased wine prices.
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In 2023, global wine production is expected to fall to its lowest level in the past 62 years https://t.co/jjdRev4dCz https://t.co/0iif8PUp0t
Global #Wine production hits lowest level since 1961 https://t.co/p7RlwCuBt6
๐ท World wine output to fall to lowest in 60 years World wine production is expected to fall to its lowest level in 60 years in 2023 due to poor harvests in the Southern Hemisphere and in some major European producers, the International Organisation of Vine and Wine (OIV) saidโฆ https://t.co/naHEEVrB2K https://t.co/Zmedll4NiL