French Wine Volumes Expected to Dip in 2024 Harvest
Agriculture Ministry Forecasts Decline
The French Ministry of Agriculture's statistical department, SSP, has predicted a decrease of France's wine volumes in the 2024 harvest due to adverse weather conditions.
Highlights
- Wine production is expected to fall by 10% from 2023.
- Wine for eaux-de-vie (fruit brandies) is expected to experience the most significant drop, with volumes decreasing by 22%.
- Unusually rainy conditions during flowering have contributed to the forecasted decline.
Detailed Forecast
According to the report, the 2024 French wine harvest is projected to be 16% lower than the previous year. The first grapes of the vintage were harvested on July 30th, slightly earlier than usual.
The decline in wine production is largely attributed to the heavy rainfall during the flowering period, impacting the fruit set and yields. The forecast suggests that all wine categories will be affected, but wines produced for eaux-de-vie are poised to experience the most significant drop, with volumes anticipated to fall by 22%.
The report asserts that the overall quality of the 2024 wine is yet to be determined, as it will depend on the weather conditions during the remaining growing season and harvest.
Impact on the Industry
The predicted decline in wine production could have implications for the French wine industry, which is a major economic driver. Lower production levels may lead to higher prices and reduced exports, potentially impacting revenue and profitability.
Conclusion
The statistical department of the French Ministry of Agriculture expects a decline in wine volumes for the 2024 harvest due to unfavorable weather conditions and heavy rainfall during flowering. The impact on the industry is still uncertain and will depend on the weather and the quality of the wine produced. Stay tuned for updates.
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