Uncooperative weather has damaged grapes worldwide, causing global wine production to shrivel 6.1% to its lowest point since 1975, according to a Paris-based trade group.
Between dwindling vineyard space and tough climate conditions that pummeled mega-producers France and Italy, wine output could tumble to 248.2 million hectoliters this year, or 6.6 billion gallons, according to the International Organization for Vine and Wine.
In 2011, the industry produced 264.2 million hectoliters of vino, according to the group, which is known as OIV. Growth rates are positive in the U.S. and the southern hemisphere in countries such as South Africa. Chile’s production levels are projected to hit a record level of 10.6 million hectoliters.
But among the major producers in the European Union, only Portugal and Greece are expected to yield more wine than they did last year.