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Wine production fell 23% in one year and marked one of the worst volumes in its history – News from Argentina

November 7, 2023 – 13:04

All major South American wine-producing countries recorded a significant drop in production compared to 2022.

The World production of came fell this year to its lowest level in six decades due to a succession of frosts, droughts and rains floods, with significant declines in South America and Spain, according to an estimate by the International Organization of Vine and Wine (OIV) published this Tuesday.

He overall volume It fell 7% in 2023 compared to last year. France kept its production stable and is once again the largest producer in the world in volume, ahead of Italy, where production fell 12% compared to 2022, and Spain (-14%). Production fell sharply in Chile, the leading producer in the southern hemisphere (-20%), as well as in Argentina (-23%) and in Brazil (-30%), according to the first estimates of the OIV for 2023.

France kept its production stable and he is again largest producer in the world in volumeahead of Italy, where production fell by 12%, and Spain (-14%).

All the major South American wine-producing countries recorded a significant drop in production compared to 2022.

In Chili, first producer in the southern hemisphere, the wine volume is 20% lower to last year’s high production and 18% lower than its five-year average. The harvest was severely affected by forest fires and drought.

Also affected by spring frosts and hailstorms, Argentine wine production it only reached 8.8 million hectoliters (-23%). This represents one of the lowest volumes recorded in its history.

came

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Production also fell sharply in Brazil (-30%) and in Uruguay (-34%), according to the first estimates of the OIV.

Among the other major wine producers in the southern hemisphereAustralia suffered a drop in production by 24% and South Africa by 10%.

Spain It remains the third largest producer in the world, with an estimated volume of 30.7 million hectoliters, the lowest in the last 20 years, as a result of a serious drought and extreme temperatures that hit the vineyards hard.

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