Global Wine Output Back to Normal After Very High 2018

The International Organization of Vine & Wine (OIV) estimates global wine production at 263 million hectoliters (6,947,724,977.02 U.S. gallons).  It noted that output in 2018 was “exceptionally high.”

Except for Portugal, all European countries production is down this year, as is the U.S. which is expected to see a “slight decline” of wine production.  Production also decreased in South America from 2018 levels, especially in Argentina and Chile, as well as in Australia and New Zealand, which are down slightly.

For a second year in a row, South Africa records a lower-than-average production level.

The 2019 world vinified production is down 10% compared to the previous year. Although this 30 mhl gap seems significant, the 2019 production level is in line with production levels observed in the period 2007 – 2016 (with the exception of 2013). After two consecutive years that can be defined as extremely volatile, 2019 brings wine production back to average levels.

The decline in EU wine production was attributed to unfavorable weather conditions.  OIV Director General  Pau Roca said that in Italy, France and Spain (which together account for 80% of EU production), output is low not only compared to 2018, but also compared to their last five-year average.

Production in Russia is up about 7%, OIV estimates.

The U.S., which accounts for 12% of northern hemisphere production, is expected to see production decline about 1% from the 2018 level.  Still, that is a “high level of production for the fourth year in a row.”

A power point presentation is available here.

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