Global wine output falls in 2016
World wine output dropped in 2016, with volumes in France and Argentina seeing the largest declines, an international wine body said on Tuesday. Bad weather in many regions was behind the 3.2 per cent fall in global production to 267 million hectolitres (mhl) from 276 million in 2015, the International Organisation of Vine and Wine (OIV) said at a news conference in Paris.
France, the world's second-biggest wine producer after Italy, lost 3.5 mhl in output volume and Argentina, the world's number nine, 3.9 mhl. In percentage terms, the biggest losers were Brazil, where production fell 55 per cent, and Hungary, where it dropped by 38 per cent.