Paris | Reuters — The global wine trade reached record-high value last year, supported by a sharp rise in prices, but the amount of wine sold fell due to weaker demand and logistical problems, an industry body said.
The International Organisation for Vine and Wine (OIV) said on Thursday that global wine exports in 2022 stood at 37.6 billion euros (C$55.6 billion) as export prices rose 15 per cent on average compared to 2021.
Global wine consumption fell one per cent, to 232 million hectolitres (mhl).
“The war in Ukraine and the associated energy crisis, together with the global supply chain disruptions, lead to a spike in costs in production and distribution,” the OIV said in a statement posted on its website.
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Wine exports in 2022 were severely impacted by high inflation and global supply chain problems that led to a significant slowdown of sea freight, it added.
In terms of output, the OIV slightly lowered its estimate for 2022 wine production to 258 mhl from its initial estimate of 259.9 mhl released last October, still about one per cent below the previous year’s output.
The OIV pegged the world’s vineyard area in 2022 at 7.28 million hectares, down 0.4 per cent from 2021, led by Spain — at 955,000 hectares, or 13.1 per cent of the world’s total, and down 0.8 per cent from 2021 — followed by France, China, Italy and Turkey.
Wine production in 2022, however, was led by Italy — at 49.8 mhl, or 19.3 per cent of the world’s total, and down one per cent from 2021 — followed by France, Spain, the U.S. and Australia.
The U.S. led the world in consumption at 15 per cent, followed by France, Italy, Germany and the U.K. The U.S. also led the world in wine imports by volume, followed by Germany, the U.K., France and the Netherlands.
Canada ranked 27th on the OIV’s list of wine-producing nations in 2022, at 692,000 hl, up from 656,000 in 2021. It ranked 12th in wine exports by volume last year, mainly in lower-value bulk wine, at 2.129 mhl, and sixth in imports, at 4.178 mhl.
The OIV doesn’t yet offer data for Canada’s vineyard surface area or wine consumption for 2022. Canada’s 2021 figure for vineyard area was marked at 13,191 hectares, or No. 50 among countries; its wine consumption in 2021 was pegged at 4.22 mhl, for No. 12.
— Reporting for Reuters by Sybille de La Hamaide in Paris. Includes files from Glacier FarmMedia Network staff.
