EconomyLens.com
No Result
View All Result
Tuesday, June 17, 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

‘Extreme’ climate blamed for world’s worst wine harvest in 62 years

Natalie Fisher by Natalie Fisher
April 25, 2024
in Economy
Reading Time: 6 mins read
A A
2
27
SHARES
334
VIEWS
Share on FacebookShare on Twitter

A forest fire burns through California's Napa Valley last May. ©AFP

Paris (AFP) – World wine production dropped 10 percent last year, the biggest fall in more than six decades, because of “extreme” climate changes, the body that monitors the trade said Thursday.

Related

EU chief says pressure off for lower Russia oil price cap

Spain says ‘overvoltage’ caused huge April blackout

Trump says EU not offering ‘fair deal’ on trade

UK automakers cheer US trade deal, as steel tariffs left in limbo

Global oil demand to dip in 2030, first drop since Covid: IEA

“Extreme environmental conditions” including droughts, fires and other problems with climate were mostly to blame for the drastic fall, said the International Organisation of Vine and Wine (OIV) that covers nearly 50 wine producing countries.

Australia and Italy suffered the worst, with 26 and 23 percent drops.

Spain lost more than a fifth of its production.

Harvests in Chile and South Africa were down by more than 10 percent.

The OIV said the global grape harvest was the worst since 1961, and worse even than its early estimates in November.

In further bad news for winemakers, customers drank three per cent less wine in 2023, the French-based intergovernmental body said.

Director John Barker highlighted “drought, extreme heat and fires, as well as heavy rain causing flooding and fungal diseases across major northern and southern hemisphere wine producing regions.”

Although he said climate problems were not solely to blame for the drastic fall, “the most important challenge that the sector faces is climate change. We know that the grapevine, as a long-lived plant cultivated in often vulnerable areas, is strongly affected by climate change,” he added.

France bucked the falling harvest trend, with a four percent rise, making it by far the world’s biggest wine producer.

– Less wine being drunk –

Wine consumption last year was however at its lowest level since 1996, confirming a fall-off over the last five years, according to the figures.

The trend is partly due to price rises caused by inflation and a sharp fall in wine drinking in China — down a quarter — due to its economic slowdown.

The Portuguese, French and Italians remain the world’s biggest wine drinkers per capita.

Barker said the underlying decrease in consumption is being “driven by demographic and lifestyle changes. But given the very complicated influences on global demand at the moment,” it is difficult to know whether the fall will continue.

“What is clear is that inflation is the dominant factor affecting demand in 2023,” he said.

Land given over to growing grapes to eat or for wine fell for the third consecutive year to 7.2 million hectares (17.7 million acres). But India became one of the global top 10 grape producers for the first time with a three percent rise in the size of its vineyards.

France, however, has been pruning its vineyards back slightly, with its government paying winemakers to pull up vines or to distil their grapes. The collapse of the Italian harvest to its lowest level since 1950 does not necessarily mean there will be a similar contraction there, said Barker.

Between floods and hailstones, and damp weather causing mildew in the centre and south of the country, the fall was “clearly linked to meteorological conditions”, he said.

© 2024 AFP

Tags: agricultureclimate changeenvironment
Share11Tweet7Share2Pin2Send
Previous Post

Strong pricing boosts Caterpillar profits

Next Post

DR Congo accuses Apple of using ‘blood minerals’ from war-torn east

Natalie Fisher

Natalie Fisher

Related Posts

Economy

US retail sales slip more than expected after rush to beat tariffs

June 17, 2025
Economy

Why stablecoins are gaining popularity

June 17, 2025
Economy

Bank of Japan holds rates, will slow bond purchase taper

June 17, 2025
Economy

Ecuador pipeline burst stops flow of crude

June 16, 2025
Economy

Yen slides ahead of Bank of Japan policy decision

June 16, 2025
Economy

War, trade and Air India crash cast cloud over Paris Air Show

June 16, 2025
Next Post

DR Congo accuses Apple of using 'blood minerals' from war-torn east

US to give Micron $6.1 bn for American chip factories

2 million bottles of Perrier ordered destroyed by French agency

Google parent Alphabet's Q1 profits beat estimates: company

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

Spain says ‘overvoltage’ caused huge April blackout

June 17, 2025

Swiss insurers estimate glacier damage at $393 mn

June 17, 2025

Brazil sells rights to oil blocks near Amazon river mouth

June 17, 2025

Trump says EU not offering ‘fair deal’ on trade

June 17, 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.