World wine production falls to lowest level in 20 years
The amount of wine being produced worldwide has dropped to one of the lowest in 20 years according to the latest figures from the International Organisation of Vine and Wine (OIV). Production is estimated at 259 million hectolitres (mhl), one of the smallest in the last 2 decades due to adverse climate conditions affecting Europe and South America.
Italy was the biggest producer with 49 mhl followed by France at 41.9 hml and Spain with 37.8 mhl. South America was hit by poor weather including El Nino storms causing production to fall in Chile to 10.1 mhl and in Argentina to 8.8 mhl. The United States actually grew production to 22.5 mhl.
The date showed global consumption of wine in 21015 grew to 240 mhl with America the biggest consumers at 31 mhl.