"Domestic wine consumption in Argentina is projected to hit an all-time low of 15.7 litres (4.1 gallons) per person in 2025, according to the National Institute of Viticulture (INV). This figure stands in stark contrast to 1970, when Argentines consumed a substantial 90 litres (24 gallons) per person annually."
"Argentina's once thriving wine industry is grappling with its most severe crisis in over 15 years, marked by unprecedented low domestic consumption, declining exports, and poor crop yields. The crisis has already led to the closure of 1,100 vineyards nationwide, with 3,276 hectares (8,095 acres) of grape production having vanished from the landscape."
Argentina's wine industry confronts its most severe crisis in over 15 years, characterized by collapsing domestic consumption, reduced exports, and diminished crop yields. Domestic wine consumption is projected to reach an all-time low of 15.7 litres per person in 2025, a dramatic decline from 90 litres per person in 1970. The crisis has resulted in the closure of 1,100 vineyards nationwide and the loss of 3,276 hectares of grape production. This deterioration occurs amid the 90th National Wine Harvest Festival in Mendoza, Argentina's primary wine region, where hundreds of wine enthusiasts gathered to celebrate the industry's heritage and traditions.
#argentina-wine-industry-crisis #domestic-consumption-decline #vineyard-closures #agricultural-decline #mendoza-wine-region
Read at www.independent.co.uk
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