Paris: Global wine production in 2024 is projected to decline to its lowest level since 1961, according to the International Organisation of Vine and Wine (OIV). Estimates place output between 227 million and 235 million hectolitres, representing an average drop of 13% compared to the last decade.
Climatic challenges, including early frosts, heavy rainfall, and prolonged drought, have heavily impacted vineyard productivity across both hemispheres. France, the leading producer in 2023, faces a sharp 23% production decline, ceding the top spot to Italy, which has recovered slightly from last year's low.
The United States and some Eastern European countries, including Hungary, Georgia, and Moldova, reported stable or increased production, benefiting from favorable climatic conditions. The OIV emphasized that climate change remains the primary factor influencing the global wine sector, with atypical weather patterns continuing to disrupt established growing regions.
