The wine production forecasts from the OIV indicate a significant decrease, falling by 7% to 244 mhl, marking a historic dip. Yet, this reduction might help to stabilize the international market.
In the annual report on the global wine industry, the OIV highlights significant shifts taking place. Germany is no longer maintaining its position as the world's leading importer, and a new export champion from the New World has emerged. Clemens Gerke reports.
This year's OIV report takes a look into the industry's challenging state. From the USA overtaking Germany as the world's largest wine importer, to China's wine market continuing its decline. With a focus on supply chain disruptions, inflation, and sustainability, the wine industry is resilient and ready to face the future.
World wine production in 2022 is again expected to be slightly below average, with differences between the individual winegrowing zones and countries. The International Organisation of Vine and Wine (OIV) forecasts global production of between 257.5 and 262.3m. hl of wine and must in 2022. There will be regional differences in harvest volumes, but the market surplus will remain (see HERE). Vincent Messmer reports.
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.
