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Global wine consumption recovered in 2021 in both volume and value but challenges loom big including global supply chain bottleneck and energy crisis caused by Ukraine war, and China’s persistent market downturn.

According to the latest data released by OIV, world wine consumption in 2021 is estimated at 236 mhl, marking an increase of 1% compared 2020, which means it has inverted the negative trend that started in 2018 with the decline in China’s consumption (which has lost on average 2 mhl per year since then).

China currently ranks as 7th biggest wine consumer and 11th biggest wine producer, according to OIV.

Global wine consumption recovered in 2021 in both volume and value but challenges loom big including global supply chain bottleneck and energy crisis caused by Ukraine war, and China’s persistent market downturn.

Global wine consumption recovered in 2021 in both volume and value but challenges loom big including global supply chain bottleneck and energy crisis caused by Ukraine war, and China’s persistent market downturn.

According to the latest data released by OIV, world wine consumption in 2021 is estimated at 236 mhl, marking an increase of 1% compared 2020, which means it has inverted the negative trend that started in 2018 with the decline in China’s consumption (which has lost on average 2 mhl per year since then).

China currently ranks as 7th biggest wine consumer and 11th biggest wine producer, according to OIV.

However, OIV noted that global wine market in 2022 is confronted with notable challenges, top of which include global supply chain disruptions, Ukraine war-induced energy crisis and China’s temporary lockdowns.