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Global wine demand drops to 27-year low on high prices

Global wine demand drops to 27-year low on high prices
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Global wine demand drops to 27-year low

PARIS Global wine consumption fell to its lowest level since 1996 last year as inflation sent prices to record highs, deterring consumers already facing lower spending power, the International Organisation for Vine and Wine (OIV) said on Thursday. The Paris-based OIV estimated world wine consumption in 2023 at 221 million hectolitres

World wine demands drops to 27-year low

World wine demands drops to 27-year low
indaily.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from indaily.com.au Daily Mail and Mail on Sunday newspapers.

Global Wine Demand Drops To 27-Year Low | Hospitality Ireland

Global wine consumption fell to its lowest level since 1996 last year as inflation sent prices to record highs, deterring consumers already facing lower spendin.

Global wine demand drops to 27-year low as high prices hit

Global wine consumption fell to its lowest level since 1996 last year as inflation sent prices to record highs, deterring consumers already facing lower spending power, the International Organisation. -April 25, 2024 at 02:00 pm EDT - MarketScreener

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