Greek wine production fell significantly in 2022, according to a report by the Organisation Internationale de la Vigne et du Vin (ΟΙV), with the output reaching 2.1 mhl, compared to 2.5 mhl the previous year, a drop by 14 percent.
The result is the lowest in decades.
In terms of production volume, Greece ranks 19th worldwide in the “Top 20” of wine-producing countries.
The global production for 2021 is estimated to have reached 258 mhl, down marginally (1 percent) from 2021. Conversely, wine production in the European Union increased by 4 percent (161.1 mhl).
Although production in Greece fell, based on figures provided by OENsights, a specialized platform, the country was the leader in terms of growth of wine exports to Europe – up by 16.8 percent in value, or 99 million euros, and 6.6 percent of volume.
According to the Greek statistics authority (EL.STAT), the value of Greek wine exports in 2021 reached 84.7 million euros, comprising 11.3 percent of the total national production.
στο Google News και μάθετε πρώτοι όλες τις ειδήσειςLatest News
Deadline for Postal Vote Registration Expires on Mon.
More than 157,000 Greek citizens had registered on the relevant online platform so far
Orthodox Palm Sunday Today; Shops Open in Greater Athens-Piraeus Area
Orthodox Holy Week begins on Monday, April 29, and ends on Sunday, Easter Sunday or Great and Holy Pascha (May 5)
Greek Retailers Remain Optimistic About Easter Shoppers’ Turnout
While stores are expected to be open on Sunday, April 28, the majority of Easter shoppers will likely do their shopping during the Holy Week, following the deposit of Easter bonuses
Europeche: Greek Apricot Production Recovers
Europeche forecasts the production will bounce back despite a slight decrease in varieties attributed to high winter temperatures
Bank of Greece (BoG): Business-Household Deposits Up 1,675bln in March 2024
In March 2024, the monthly net flow of credit to the general government was negative by 469 million euros
FT: Greece’s Economic Rebound a Balance of Growth and Poverty
Eurostat data revealed a significant 10.8% drop in Greek public debt relative to GDP in 2023, alongside a 2% economic expansion, outpacing Germany's performance.
Lavrio Port Authority Next Up for Privatization
A deadline for the submission of expressions of interest is May 14, 2024
Eurostat: Greece Records Largest Drop in Natural Gas Prices in 2nd Half of 2023
The price of electricity and natural gas in Europe was down following a substantial surge that began before the Russian invasion of Ukraine and peaked in 2022
GEK TERNA Still Considers Leveraging Concessions Portfolio as Financial Tool
President and CEO of Gek Terna George Peristeris explained the company's plans on Tuesday on the sidelines of the inauguration of sections of Greece's E65 highway
NielsenIQ: 3% Supermarket Revenue Increase in Q1
Private label products are gaining traction, comprising 25.4% of shopping basket shares, up from 24.7%
