World wine production down in 2024: OIV

Global wine production is expected to hit a new low in 2024 due to climatic challenges, the International Organization of Vine and Wine (OIV) announced on Friday, reported Xinhua.

Based on comprehensive data from 29 countries representing 85 percent of global production in 2023, global wine production for 2024 is estimated between 227 million and 235 million hectolitres, the OIV said in its 2024 World Wine Production Outlook.

Global production in 2024 would be 13 percent lower than the ten-year average, the OIV said, adding that it could probably be the smallest global output since 1961.

According to the outlook, France, the leading wine producer in 2023, has recorded the most significant decrease in production compared to the previous year, largely due to challenging weather conditions across the country.

Italy, however, is about to take over France and become the world's largest producer in 2024.

In the Southern Hemisphere, the OIV predicted that wine production volumes would remain low in 2024, a result also mainly caused by climatic conditions. It would mark the region's lowest output in two decades.

The OIV, established in 1924, is an intergovernmental organization with a scientific focus and its competence is widely recognized concerning vines, wine, wine-based beverages, table grapes, raisins, and other vine-based products.

This year, the organization accepted China's application for membership on Nov. 14.