Latest US SipSource figures show Pinot Grigio and White Blends as the only wine categories to show revenue growth over the year ending October 2023. But these are a very small part of the overall US wine market.
With vineyards uprooted and the 2024 vintage nearly sold out, Chile faces a shrinking white wine supply, while Argentina anticipates a rebound thanks to a frost-free spring.
At the closing event celebrating its centennial, the OIV presented its latest harvest estimate and proclaimed the International Day of Vine and Wine. Meanwhile, global market sales appear to be showing slight growth.
It’s got a wine-growing history that dates back to the Roman world. It’s got more than 220 authorised grape varieties over 55,000 hectares of vineyards, and it’s one of the most exciting wine-growing countries in Europe.