Tags: world | wine | production

World Wine Output to Fall to Lowest in 60 Years

World Wine Output to Fall to Lowest in 60 Years
(Dreamstime)

Tuesday, 07 November 2023 09:24 AM EST

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) said Tuesday.

In initial projections, the OIV pegged world wine output, excluding juices and musts, at between 241.7 million and 246.6 million hectolitres (mhl), with a mid-range estimate of 244.1 mhl.

This would be 7% lower than last year and the smallest since 1961 when it had fallen to 214 mhl, the OIV said. A hectolitre is the equivalent of 133 standard wine bottles.

© 2026 Thomson/Reuters. All rights reserved.


StreetTalk
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) said Tuesday.
world, wine, production
102
2023-24-07
Tuesday, 07 November 2023 09:24 AM
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