Wine (global market)

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2024: Russia becomes the third country in the world in terms of wine production growth

The International Organization for Viticulture and Winemaking (OIV) in April 2025 published an annual report on the global wine market, according to which Russia ranked third in the world in terms of growth in wine production in 2024. Domestic companies increased the production of this type of alcohol by 19%, while the country retained 11th place in the global ranking with a production volume of 5.4 million hectoliters.

According to RIA Novosti, only Georgia (+ 27%) and Argentina (+ 23%) were able to demonstrate higher growth dynamics in wine production in 2024. At the same time, global wine production as a whole has decreased significantly - to 226 million hectoliters, which has become the lowest indicator since 1961, as noted by OIV CEO John Barker.

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Фото: Freepik

While the Russian wine sector is showing steady growth, most major wine producers in 2024 faced a decrease in output. The most significant drop was recorded in Brazil (-41%) and Moldova (-40%).

Italy again became the leader in world wine production in 2024, regaining the championship after it lost it to France in 2023. Italian winemakers increased their output by 15% - to 44.1 million hectoliters. France, on the other hand, faced a 24% reduction in production, to 36.1 million hectoliters, but retained second place in the ranking.

The third position in the global ranking of producers is occupied by Spain with a volume of 31 million hectoliters, which is 9% more compared to the previous year. The fourth place belongs to the United States, where output decreased by 17% and amounted to 21.1 million hectoliters. Argentina closes the top five producers, which increased production by 23% over the year - to 10.9 million hectoliters, rising one position in the ranking.

The world's top 10 wine producers also include Australia (10.2 million hectoliters), Chile (9.3 million), South Africa (8.8 million), Germany (7.8 million) and Portugal (6.9 million).^[1]

2023: Top 10 silent and sparkling wine countries

At the end of 2023, France, Italy and Spain took first, second and third places, respectively, in terms of the production of still and sparkling wines in the world. The top three accounted for about 48% of product output. This is evidenced by data from the International Organization for Viticulture and Winemaking (OIV), which TAdviser got acquainted with in March 2025.

According to the OIV report, wine consumption in the world in 2024 amounted to 221 million hectoliters (hl), which is 2.6% less than a year earlier, as well as 7.5% lower than in 2018. Wine consumption in 2023 was the lowest since 1996, the researchers said.

In 2023, the volume of wine trade on a global scale decreased by 6.3%, amounting to 99 million hectoliters, and in money the market volume decreased by 4.7%, to €36 billion.

Despite the fact that wine is consumed in 195 countries, 51% of the total consumption is in five countries. The largest consumption of wine in 2023 was recorded in the USA (33.3 million gl), France (24.4 million gl), Italy (21.8 million gl), Germany (19.1 million gl) and Britain (12.8 million gl). However, in these countries, consumption decreased by 2-3% compared to 2022.

The largest reduction in demand for wine in 2023 was observed in China - about 25%, with a total consumption of 6.8 million gl, which is 60% lower than five years ago, which was facilitated by the COVID-19 pandemic.

The average price per litre of wine in 2023 was €3.62, up 2% from 2022 and up 29% from 2020. This increase is due to inflation and increased supply costs. Record price growth was one of the reasons for the reduction in consumption, as consumers faced a drop in purchasing power against the background of inflation.

2020: Global wine consumption falls to lowest since 2002

At the end of April 2021, the Trade Organization France reported that wine consumption worldwide in 2020 fell to its lowest level since 2002, as bars and restaurants closed their doors and tourist trips stopped due to the pandemic. coronavirus

Total wine consumption fell 3% to approximately 234 million hectoliters in 2020, or approximately 6.2 billion gallons, Paris the International Winemaking Organization, based at the International Winemaking Organization, said. The decline was also driven by a 25% American tariff on the import of some European wines, which was introduced by USA Donald Trump the former president at the end of 2019 due to a transatlantic dispute over subsidies for aircraft construction. These restrictions were suspended by US President Joe Biden in a deal with officials in EU March 2021.

Global wine consumption has fallen to its lowest since 2002

As for the market value, according to the International Winemaking Organization, the total export of wine from producing countries, a key indicator of the industry, fell by 6.7% in 2020 to 29.6 billion euros ($35.6 billion). However, this figure turned out to be better than experts who expected exports to fall by 10% predicted.

This forecast turned out to be too negative, - admitted the director of the International Winemaking Organization Pau Roca at an online press conference.

Increased sales of wine in supermarkets helped offset losses associated with the closure of cafes, bars and restaurants during the period of social distancing. The crisis hit festive sparkling wines such as champagne hardest, but sales of boxed wines in 2020 exceeded sales in all other categories and grew by 12%. However, these wines still account for only 4% of global production in volume and only 2% in value, the International Winemaking Organization said.^[2]

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