State of the global wine industry

Every year, the International Organisation of Wine and Vine releases insight into the latest figures and trends.

 

Vineyard acreage mostly unchanged

 

Over the last three years, the global area under vine has remained stable at 7.54 million hectares. The five leading countries are all showing shrinking hectareage (Spain, France, Italy and Turkey) with the exception of China which currently ranks second and is growing rapidly. These five countries alone account for 50% of total vineyard area.

 

Slight increase in wine production

 

Production increased by 2.2% to 274.4 million hectolitres. The three top countries – Italy, France and Spain – are following a downward trend, as are many other traditional wine producing countries, such as Greece, Rumania and Portugal. New World producers – the United States, Argentina, Chile, Australia, South Africa, China and New Zealand – continue to rise, although China witnessed a temporary decline in production in 2015.

 

Wine consumption stabilises

 

Global wine consumption, which had dropped significantly during the financial crisis starting in 2008, has now stabilised at around 240 million hectolitres but has yet to return to its pre-recession level. Five countries drink half of the world’s wines: the USA (13% of the wine/5% of the population); France (11%/1%); Germany and Italy (9% each/approximately 1%) and China (7%/22%).

 

International trade in premium wines is increasing

 

Although global trade in volume terms (104.3 million hectolitres) increased by only 1.8% in 2015, it surged by 10.6% by value and is now worth 28.3 billion euros. France, Italy and Spain alone account for 57% of the total.

 

Varying harvest estimates for the Southern Hemisphere

 

Apart from Australia and New Zealand, which are posting good crop estimates, 2016 production is generally in decline across the Southern Hemisphere.