Italy Returns as Top Wine Producer

italy wineThe 2015 harvest is over and the International Organization for Vine and Wine predicts that Italy will likely reclaim their position as the world’s biggest wine producer edging out France, largely due to better weather in Italy.  Italy is likely to produce 48.9 million hectolitres, a 10% increase over 2014. France’s production will increase 1%. This despite the fact that domestic consumption in Italy and France is declining and both countries have government-supplied incentives to rip out unprofitable vines.

Spain will remain in the third spot.

As for the U.S., the largest wine consumer in the world, we are the 4th largest producer with an estimated 22.1 million hectoliters, an increase of 1% over 2014

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