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The International Organisation of Vine and Wine (OIV) is today announcing the figures for the "2023 World Vitivinicultural Economy" in its annual report. An initial summary shows that the global wine business slipped into the red in 2023. The harvest volume - the smallest since 1961 - as well as trade and consumption were lower than in the previous year.
Vineyard area fell by half a per cent to 7.2 million hectares; this figure also includes table grapes. Wine production amounted to 237 million hectolitres - ten per cent less than in 2022. Nevertheless, it exceeded demand by more than 16 million hectolitres, as consumption also fell for the third year in a row by 2.6 per cent to 221 million hectolitres.
45 per cent of the wine produced is consumed in a country other than the country of origin. Exports fell by six per cent to 99 million hectolitres, the lowest level since 2010, but their value reached a new record of 36 billion euros. At 3.62 euros, the average price per litre was two per cent higher than in 2022 and 29 per cent higher than in 2020. According to the OIV, the increase is due to inflation and higher costs along the supply chain.
The countries with the largest wine-growing areas are Spain (945,000 hectares), France (792,000 hectares), China (796,000 hectares, almost exclusively table grapes) and Italy (720,000 hectares). 48 per cent of production comes from three countries: France (48 million hectolitres in 2023; +4% compared to 2022), Italy (38.3 million hl; -23%) and Spain (28.3 million hl; -21%). The share of global wine production rises to 75 per cent if the next five countries are included: USA (24.3 million hl), Chile (11 million hl), Australia (9.6 million hl), South Africa (9.3 million hl) and Argentina 8.8 million hl). The EU alone produces 62 per cent of the world's wine.
Although wine is consumed in 195 countries around the world, five countries account for 51 per cent of total consumption. Most wine was consumed in the USA in 2023 (33.3 million hl), followed by France (24.4 million hl), Italy (21.8 million hl), Germany (19.1 million hl) and the UK (12.8 million hl). According to OIV figures, between two and three per cent less wine was consumed in all of these countries than in 2022.
The most important export countries by volume were Italy (21.4 million hectolitres; -1% compared to 2022), Spain (20.8 million hl; -3%) and France (12.7 million hl; -6%). In terms of export value, the ranking is as follows: France (11.9 billion euros; -3%), Italy (7.7 billion euros; -1%) and Spain (2.9 billion euros; -3%).
The most important import countries in terms of volume were Germany (13.6 million hectolitres; -0.3%), followed by the UK (12.3 million hectolitres; -5%), the USA (12.3 million hectolitres; -15%) and France (6 million hectolitres; -5%). The USA (6.2 billion euros; -12%) led in terms of the value of imported wines, followed by the UK (4.7 billion euros; -3%), Germany (2.6 billion euros; -5%) and Canada (1.8 billion euros; -15%)
( al / Source: Winenews, OIV)