France Expects Larger Wine Harvest, As Italy And Spain Forecast Significant DeclinesSeptember 10, 2014
Government and trade groups from Italy, France and Spain have released wine production forecasts for the year, with France poised to leapfrog Spain and Italy to become the world’s biggest wine producer. According to France’s Ministry of Agriculture, French wine production is slated grow 11% this year, to 46.93 million hectoliters.
Conversely, Italy’s Associazione Enologi Enotecnici Italiani is projecting Italian wine output to fall 13.5%, from 48.2 million hectoliters last year to 41.6 million hectoliters for 2014. According to the Milan-based group, wet weather conditions are primarily to blame, with 12 of Italy’s 15 wine production regions—including Piedmont, Veneto, Sicily and Puglia among others—set to record volume losses.
Spanish wine production, meanwhile, is expected to plummet by 26.3%, from 2013’s record 53.55 million hectoliters to 39.44 million hectoliters this year, according to data from Spain’s Ministry of Agriculture.Subscribe to Shanken News Daily’s Email Newsletter, delivered to your inbox each morning.