Wine off the shelf? Production at its lowest in 60 years as consumption falls; here’s why
- Posted on April 21, 2025
- By Financial Express
- 2 Views
Wine off the shelf? Production at its lowest in 60 years as consumption falls; here’s why
China, once the most promising growth market for global wineries, has seen its wine consumption contract at a staggering compound annual rate of 18.2% since 2019, falling from 15.0 mhl to 5.5 mhl in just five years.
