Global wine production inches up

Global wine production is set to reach around 232 mhl in 2025 – a welcome 3% lift on last year’s historic low, though still well below the five-year average. The modest recovery reflects slightly improved conditions across both hemispheres, yet output remains constrained by climate-driven challenges.

Global production, as reported in the OIV 2025 World Wine Production Outlook, rose gently thanks to rebounds in Italy, Central Europe and parts of the Southern Hemisphere, even as France, Spain, Chile and several US regions continued to struggle.

Italy holds its crown as the country with the largest wine production. A crown it has held for 4 of the last 5 years. France posts another historically small harvest and Spain falls below 30 mhl for only the second time in 30 years. Southern Hemisphere results were mixed, with New Zealand, Australia, Brazil and South Africa recovering strongly, offsetting sharp declines in Chile and weaker US volumes.

With global demand muted and inventories high, the slightly tighter 2025 supply should keep markets broadly balanced, with price effects expected to remain regional rather than global.

Million Hectolitres by Country
Italy 47.4
France 35.9
Spain 29.4
USA 21.7
Australia 11.6
Argentina 10.7
South Africa 10.2
Chile 8.4
German 7.3
Portugal 6.2