-
Important news
-
News
-
Shenzhen
-
China
-
World
-
Opinion
-
Sports
-
Kaleidoscope
-
Photo Highlights
-
Business
-
Markets
-
Business/Markets
-
World Economy
-
Speak Shenzhen
-
Leisure Highlights
-
Culture
-
Travel
-
Entertainment
-
Digital Paper
-
In depth
-
Weekend
-
Lifestyle
-
Diversions
-
Movies
-
Hotels
-
Special Report
-
Yes Teens
-
News Picks
-
Tech and Science
-
Glamour
-
Campus
-
Budding Writers
-
Fun
-
Futian Today
-
Advertorial
-
CHTF Special
-
FOCUS
-
Guide
-
Nanshan
-
Hit Bravo
-
People
-
Person of the week
-
Majors Forum
-
Shopping
-
Investment
-
Tech and Vogue
-
Junior Journalist Program
-
Currency Focus
-
Food Drink
-
Restaurants
-
Yearend Review
-
QINGDAO TODAY
在线翻译:
szdaily -> World Economy -> 
Global wine output recovers from 60-year low
    2019-04-15  08:53    Shenzhen Daily

GLOBAL wine output rose to near-record highs in 2018 after a sharp rebound from a poor harvest the previous year, though consumption stopped growing, the International Organization of Vine and Wine (OIV) said.

After a 60-year low in 2017, when production was dented by extreme weather in Europe, including drought and storms, world output rose 17 percent last year to 292.3 million hectoliters (mhl), the OIV said.

The growth was driven by steep rises in Italy, France and Spain — three of the world’s major producers — which all recorded output at least 13 percent above their five-year averages.

The figures confirmed an initial trend projected by the Paris-based OIV in October last year.

A hectoliter amounts to 100 liters, or the equivalent of 133 standard wine bottles.

Wine output, excluding juice and new wine, also jumped in the Southern hemisphere last year, with rises of 22.8 percent in Argentina to 14.5 mhl and 35.9 percent in Chile to 12.9 mhl.

The OIV estimated that worldwide consumption was stable in 2018 at 246 mhl, compared with 246.7 mhl in 2017.

The slight drop could be linked to the decline in production the previous year, it said, adding that consumption estimates were tentative due to limited data.

The Chinese mainland recorded the largest fall in consumption among the world’s top 20 largest wine consumers, with a 6.6 percent decline year on year to 18 mhl, according to the OIV, without detailing the reasons for the fall. In Britain, consumption fell 3.1 percent to 12.3 mhl.

French exporters estimate that wine and spirit exports to China tumbled 14.4 percent in 2018 after growth of 24.5 percent a year earlier.

In contrast, Russian demand jumped 6.9 percent last year to 11.9 mhl. (SD-Agencies)

深圳报业集团版权所有, 未经授权禁止复制; Copyright 2010, All Rights Reserved.
Shenzhen Daily E-mail:szdaily@szszd.com.cn