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Wine production could be down 80% in Jumilla // Wine & Value: Push, Pull, Squeeze

October 29, 2024 - Wine Industry Insight Daily News Feed

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“The significant decline in global exports in 2023 was primarily due to reduced imports across most markets. Among the top 23 import destinations, only Sweden, Singapore, Macao, and Ireland showed growth. In 19 of these markets, imports of non-sparkling bottled wines fell, with the largest declines seen in South Korea, China, Australia, India, and Canada.”

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