24 Jan, 2018 @ 11:26
1 min read

Wine prices to increase in Spain following 20% drop in harvest thanks to soaring temperatures

Mallorca wine

SPAIN’S production of wine for 2017 was down 20% compared to the year before, figures have shown.

The agriculture ministry has reported the total production of wine and must in the current 2017/18 vintage stands at 35.6 million hectolitres compares eith 44 million in 2016 – a 19.6% drop.

Overall, production in 2017 is 19.6% lower than the previous season and 17.6% lower than the average of the previous six seasons.

“The declarations confirm, therefore, a campaign of relatively low production, which, together with the also low productions of the main producing countries of the community, has supposed a price increase in the wine market,” a statement from the ministry said.

The latest figures follow what has been a challenging year for producers throughout Europe, with with late spring frosts, widespread drought and a heatwave affecting large swathes of France, Spain and Italy.

It comes after the European Commission in October said it expected European production to be at a 36-year low with figures predicting at the time that Italy would suffer a 23% drop, France 19% and Spanish production 15%.

The latest figures from Spain ministry of agriculture, however, push that estimate to 19.6%.

Laurence Dollimore

Laurence has a BA and MA in International Relations and a Gold Standard diploma in Multi-Media journalism from News Associates in London. He has almost a decade of experience and previously worked as a senior reporter for the Mail Online in London.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

koons
Previous Story

Jeff Koon sculptures being sold for half the price in Vertigo Marbella

Sin título
Next Story

WATCH: Sick animal torturer in Spain caught drowning a boar on tape is identified by police

Latest from Business & Finance

Go toTop

More From The Olive Press

Fears for missing British woman in Spain who vanished after landing in Malaga five WEEKS ago

FEARS are growing for a British tourist who vanished after

Storm Caetano rolls into Spain: Snow, rain and 90km/hr winds will hit these areas

STORM Caetano landed in Spain on Wednesday and has already