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International Business Times
International Business Times
World

Wine Consumption Falls Heavily Into The Red

Italy was the world's top producer with 44 million hl (Credit: AFP)

Worldwide consumption of wine fell in 2024 to its lowest level in more than 60 years, the main trade body said Tuesday, raising concerns about new risks from US tariffs.

The International Organisation of Vine and Wine (OIV) said that 2024 sales fell 3.3 percent from the previous year to 214.2 million hectolitres.

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