Hard times for the grape and wine sector in Chile, with a drastic drop in exports and slower domestic consumption, hitting the profits of both small and large industries and farmers.
France replaces Italy, who has held the top production spot for the past 9 years. However, globally, 2023 wine production rates have fallen to their lowest point in 60 years.
World wine production could be smallest in over 60 years winetitles.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from winetitles.com.au Daily Mail and Mail on Sunday newspapers.
Drought and disease have caused wine production to hit a 60-year low, although a reduced harvest could help alleviate oversupply from falling consumption, says the OIV.