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Global wine yields forecast to drop after Europe's top three hit by "extreme weather"

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Global wine production is expected to fall 8% this year after bad weather hit European harvests.

Harvests were badly hit in Europe, where weather impacted yields

Harvests were badly hit in Europe, where weather impacted yields

Production was at record lows in Europe's three top wine growing nations - France, Italy and Spain - with yields in Italy down almost a quarter, according to report from the International Organisation for Vine and Wine (OIV) yesterday. The report blamed "extreme weather events" including frost and drought for the declines, which overall saw Europe post a historically low yield.

Vineyard area in Europe has decreased over the past decade or so because of EU-backed programmes to "grub up", or destroy, vines.

US production was stable, but the OIV warned that the estimates do not factor in this month's wildfires in California's major wine-growing regions. Reports from the areas, however, claim that most of the harvest had been taken in before the fires started. In South America, production is expected to increase after last year's low yields, while Australian harvests should increase in volume, the OIV said. South Africa is expected to remain stable.

Summary

  • Global wine production predicted to drop 8% to 246.7mhl
  • Italy yields to fall 23% to 39.3mhl
  • France down 19% to 36.7mhl
  • Spain falls 15% to 33.5mhl
  • Germany decrease of 10% to 8.1mhl
  • In the US, yields to fall 1% to 23.3mhl
  • Chile down 6% to 9.5mhl
  • Australia to climb 6% 13.9 mhl
  • New Zealand down 9% to 2.9mhl

In a report released earlier this year, the OIV said that in 2016 global wine consumption remained the same for the seventh year in a row.

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