-
STARPRIME Completes Beta Testing of Market-Maker Model for Retail Brokers
-
Southern African mothers plead for sons lured to Russia's war
-
Campaigns kick off in Nigerian presidential race
-
Palestinian-American hoists US flag on home besieged by settlers
-
Aussie Rules club suspends five players for drinking, bringing women to hotel
-
Freedom Holding Marks New Türkiye Milestone as Freedom Yatırım Secures Brokerage License
-
Trump pauses 50% tariffs on Canadian goods for three days
-
Humanoid resources: China's robots search for workforce breakthrough
-
Five Premier League stars to watch this season
-
China goes rural with data centres in quest to power AI
-
China's robots open to opportunities in search of commercial breakthrough
-
Trump pauses planned 50% tariffs on Canadian goods for three days
-
Tech leads losses as Asian stocks track Wall St selloff
-
Ikitau, Suaalii named in Australia squad for Argentina Tests
-
US, South Korea cut drills short after Trump criticism
-
'American Doctor' shows brutality of conflict in Gaza
-
Italian scientists bet on octopus to fight crab invasion
-
New Zealand blocks lawsuits against firms over climate harm
-
New 'Insidious' reflects anxiety of being a new parent: director
-
Aussie Rules club suspends five players amid police probe
-
No.1 Sabalenka slams Wang to advance at Cincinnati
-
No.1 Sabalenka slams Wang to power ahead in Cincinnati
-
Turkey rejects Israeli claims after strike on Syria air base
-
Israel blames Turkey after strike on Syria air base
-
InterContinental Hotels Group PLC Announces Transaction in Own Shares - August 19
-
Best Place to Buy Gold IRA in 2026 (Guide Released)
-
Caldwell Strengthens Life Sciences and Healthcare Practice with Addition of Olga Kozlova in Dubai
-
Climate change main driver of European ocean warming: study
-
Trump, Carney talk as Canada seeks to hold off new US tariffs
-
Gauff finds a way into the Cincinnati fourth round
-
NASA images reveal crater left by SpaceX rocket's Moon crash
-
ZZ Top drummer Frank Beard dies at age 77
-
UN atomic watchdog says found tons of nuclear material at Syria site
-
Bayern's Musiala reveals 'neurological disorder' after on-field collapse
-
Ecuadoran diplomat enters race to be next UN chief
-
Angelique Kidjo immortalised on Hollywood Walk of Fame
-
US sanctions ICC chief Tomoko Akane of Japan
-
France to expel two Iranian diplomats: foreign minister
-
US moves to open vast tracts of pristine forests to logging
-
Spain's Granada closes iconic Alhambra as new quake hits
-
US sanctions International Criminal Court chief Tomoko Akane of Japan
-
Venus, Stephens, Monfils named among US Open wild cards
-
Meta hooked children and misled public: prosecutors
-
Rodri joins La Liga champions Barcelona from Manchester City
-
France's first women's rights minister Yvette Roudy dies, aged 97
-
Disney, ABC sue US regulator over threat to broadcast licenses
-
French producer Nicolas Altmayer, Dior PR chief Favier die in car crash
-
Trump, Carney hold talks as new US tariffs on Canada loom
-
Bezos consortium bought nearly 40 percent of Liverpool: report
-
Germany opens new drone research centre as security threats mount
Wine consumption slides in 2025
Wine consumption fell worldwide last year, the industry's trade body said Tuesday, amid changing lifestyles and economic pressure on consumers.
The International Organisation of Vine and Wine (OIV) said in its annual review that the industry was confronted in 2025 by "a combination of climatic variability, softer demand and rising trade uncertainty".
It found consumption slid by 2.7 percent last year to 208 million hectolitres, taking the cumulative drop since 2018 to 14 percent.
"This evolution reflects the interaction between longer-term changes in consumption patterns and a more difficult economic environment in recent years," said the OIV.
"Evolving lifestyle preferences, shifting social habits and generational changes continue to influence consumer behaviour" in several mature wine markets, it added.
The OIV also noted that the wine industry "has faced a succession of external pressures since 2020, including the Covid-19 pandemic, geopolitical tensions, trade disruptions and inflationary pressures, all of which have weighed on purchasing power and consumer confidence".
It noted nine of the world's top 10 wine markets recorded lower volumes, and said three markets played an outsized role in the global decline: China, France and the United States.
In the United States, the world's leading wine market, consumption fell 4.3 percent last year which the OIV put down to reduced purchasing power, a reduction in alcohol consumption among younger consumers and a wider selection of alcoholic beverages.
The impact of tariffs imposed by US President Donald Trump is still difficult to isolate among all of those factors, OIV's director John Barker told AFP.
In France, Europe's biggest wine market, consumption fell 3.2 percent.
In China, wine consumption fell by 13 percent last year and by 61 percent since 2020. The OIV said wine demand was particularly sensitive to income and price developments in the country.
Meanwhile wine production rose 0.6 percent to 227 million hectolitres in 2025, but the OIV noted this was from a historically low level in 2024.
It said the third consecutive year of low global output reflected the "combined effect of climatic volatility and production adjustments linked to softer demand conditions".
Given the current market conditions it said below-average production levels were not expected to lead to widespread supply shortages but a reduction in stocks.
"Demand-side adjustment remains one of the main challenges for the sector," said the OIV.
G.P.Martin--AT