Global Wine Production Hits New Low: The Lowest Levels Since 1961
Global wine production has dropped significantly, reaching its lowest level since 1961, with new data from the International Organisation of Vine and Wine (OIV) indicating a forecast of just 231 million hectoliters for 2024. This represents a 2% decrease from the already low figures of 2023 and a 13% decline compared to the average production… Read More »