EconomyLens.com
No Result
View All Result
Saturday, July 5, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Bordeaux wine harvest drops to lowest level since 1991

Emma Reilly by Emma Reilly
February 14, 2025
in Economy
Reading Time: 4 mins read
A A
2
52
SHARES
652
VIEWS
Share on FacebookShare on Twitter

The Bordeaux region produces some of the world's most famous wines. ©AFP

Bordeaux (AFP) – Cold weather, disease, and capacity cuts pushed wine production in France’s Bordeaux region last year to a low not seen in three-and-a-half decades, the local industry body said Friday. Often called the world’s most famous wine country, Bordeaux — France’s biggest wine region — produces the iconic Medoc, Saint-Emilion, and Pomerol high-end wines, as well as larger quantities of lower-priced produce.

Related

Eight OPEC+ alliance members move toward output hike at meeting

Bombers and a ‘beautiful bill’ — Trump celebrates US Independence Day

BRICS nations to gather without Xi, Putin

South American bloc looks to Asia, Europe in face of Trump trade war

China to require EU brandy exporters to raise prices or face tariffs

In total, Bordeaux winemakers produced 3.3 million hectolitres of wine last year, after 3.8 million in 2023, a drop of 14 percent. Unfavourable weather, especially episodes of frost, weighed on production, while a high level of rainfall in the spring favoured the spread of disease, notably mildew. Another major factor was a government-subsidised reduction in the size of vineyards amid efforts to curb over-production. Just 95,000 hectares of Bordeaux wine country was cultivated in 2024, down from 103,000 the year before.

But wine professionals detected a silver lining. They say low output would cause prices to rise and demand to soak up stocks built up in years of excess production. “This will happen over the coming months or years,” said Christophe Chateau, a spokesman for the CIVB wine sector association, saying that wine sales had already outstripped current production last year. “If you sell more than you produce, then you not only meet demand, you can dip into your stocks and, arithmetically, prices will rise,” he told AFP.

Meanwhile, Bordeaux winemakers are concerned about the impact of any new tariffs imposed by US President Donald Trump. The United States is the Bordeaux region’s top export market, with wine worth 340 million euros ($355 million) shipped to the US last year. “We’re not sure what this will mean for sales,” said Chateau. “If Trump slaps a 25-percent tax on French wines in the US, sales there will fall and the imbalances will continue.”

Trump on Thursday unveiled a plan for “reciprocal tariffs” that could affect both allies and competitors, in an escalation of trade tensions since the start of his term.

© 2024 AFP

Tags: agriculturebordeauxwine
Share21Tweet13Share4Pin5Send
Previous Post

Stocks diverge, dollar dips tracking Trump tariffs

Next Post

Tunisian startup takes on e-waste challenge

Emma Reilly

Emma Reilly

Related Posts

Economy

Rio to host BRICS summit wary of Trump

July 4, 2025
Economy

Trump to sign ‘big, beautiful’ bill on US Independence Day

July 4, 2025
Economy

Trump wins ‘phenomenal’ victory as Congress passes flagship bill

July 4, 2025
Economy

What is the state of play with Trump’s tariffs?

July 3, 2025
Economy

Where do trade talks stand in the rush to avert higher US tariffs?

July 4, 2025
Economy

World Bank’s IFC ramps up investment amid global uncertainty

July 4, 2025
Next Post

Tunisian startup takes on e-waste challenge

US retail sales see biggest drop in nearly two years on harsh weather

Global stocks buffeted by tariff threats and data

US retail sales battered by severe weather in January

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

72

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

China’s first Legoland opens to tourists in Shanghai

July 5, 2025

Eight OPEC+ alliance members move toward output hike at meeting

July 4, 2025

Bombers and a ‘beautiful bill’ — Trump celebrates US Independence Day

July 5, 2025

BRICS nations to denounce Trump tariffs

July 5, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.