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Soaring wine prices hit consumption

OIV: Global wine exports make record at €37.6 billion but consumption drops 1 percent

World wine trade reached a record high last year, supported by a sharp increase in prices. The good news is balanced by less good news, namely that the amount of wine sold declined due to weakening demand and logistical problems. This was stated by The International organization for vine and wine (Oiv), according to which world wine production in 2022 is estimated at 258 million hectoliters, a slight...

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Roma, RM, Italia, 04/21/2023 12:32
EFA News - European Food Agency

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