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- Georgia defies global wine production slump // Why Are Family Farms in Trouble?
Georgia defies global wine production slump // Why Are Family Farms in Trouble?
December 4, 2024 - Wine Industry Insight Daily News Feed
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Today’s Most Interesting Wine Industry Data
“Based on comprehensive data from 29 countries representing 85% of global production in 2023, world wine production for 2024 is estimated between 227 mhl and 235 mhl, with a mid-range projection of 231 mhl. This positions 2024 production as potentially the smallest global output since 1961 (220 mhl). This underscores the wine industry’s increasing vulnerability to climate variability, highlighting the urgent need for adaptive strategies and resilient viticultural practices in the face of escalating environmental uncertainties.”
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