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Global wine supply monitor

About the report

The global wine supply monitor offers a snapshot of global wine production, including historical volumes for the top eight producing countries, as well as analysis on this year’s vintage.

Updated annually, statistics include:

  • wine production in litres for the last five years for the top eight producing countries
  • current or upcoming vintage volume predictions
  • summaries of harvests in both the Northern and Southern Hemispheres

Global wine consumption figures are also included and an analysis of supply and demand.

Countries included in the report:

  • Italy
  • France
  • Spain
  • United States
  • Argentina
  • Chile
  • Australia
  • South Africa

Report summary - December 2023

The global harvest in 2023 is estimated to be below average again, with the combined harvest in the Southern Hemisphere the lowest since 2003, while most Northern hemisphere producers have also been below-average.

The harvest in the southern hemisphere is complete for 2023, with all the major wine producers having below-average vintages. Australia, Argentina and South Africa have all had their lowest vintages for more than 10 years, while Chile’s vintage was also down (by 19 per cent) but this came after three above-average vintages in 2020, 2021 and 2022. In the northern hemisphere, France had an average-sized vintage despite widespread reports of disease issues, but Italy (down 12 per cent) and Spain (down 14 per cent) were both below average and below last year’s vintage. 

On the demand side, world wine consumption in 2023 is forecast by the IWSR to decline by 1 per cent, which would mean a total of just under 23 billion litres, continuing its gradual decline over the past 10 years, and 6 below production, despite the expected record low vintage.

Sources

This report is compiled from production data reported by the International Organisation of Vine and Wine (OIV), as well other sources including IWSR and Ciatti Wine Brokers.


This content is restricted to wine exporters and levy-payers. Some reports are available for purchase to non-levy payers/exporters.

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This content is restricted to wine exporters and levy-payers. Some reports are available for purchase to non-levy payers/exporters.

Levy payers/exporters
Non-levy payers/exporters
Find out more

This content is restricted to wine exporters and levy-payers. Some reports are available for purchase to non-levy payers/exporters.