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Figures released this week by the Organisation Internationale de la Vigne ett du Vin showed a slight growth in the global areas under vines (7554 kha, + 8 kha on 2013).
Other key figures:
- World wine production is at a good average (279 mhl), after the high volumes in 2013 (291 mhl)
- Global wine consumption in 2014, estimated at 240 mhl, dropped slightly by 2.4 mhl compared with 2013, within an overall context of stabilisation since 2009
- In 2014, the world wine trade continued to increase in terms of volume (104 mhl, +2%) to reach a stable value of 26bn EUR
- Early estimates of the 2015 harvest: a slight decline in the southern hemisphere
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