{"id":249614,"date":"2025-04-18T12:06:36","date_gmt":"2025-04-18T06:21:36","guid":{"rendered":"https:\/\/insurancekhabar.com\/is-the-new-generation-drinking-less-wine-worlds-lowest-consumption-in-60-years-2\/"},"modified":"2025-04-18T12:06:36","modified_gmt":"2025-04-18T06:21:36","slug":"is-the-new-generation-drinking-less-wine-worlds-lowest-consumption-in-60-years-2","status":"publish","type":"post","link":"https:\/\/english.insurancekhabar.com\/is-the-new-generation-drinking-less-wine-worlds-lowest-consumption-in-60-years-2\/","title":{"rendered":"Is the new generation drinking less wine? World&#8217;s lowest consumption in 60 years"},"content":{"rendered":"<p>Kathmandu. The wine industry is currently facing a big challenge. Both consumption and production are declining. U.S. customs duties and environmental problems could pose additional challenges for the wine industry. The wine industry also fears &#8220;generational&#8221; change. This means that the current generation is drinking less wine. <\/p>\n<p><span style=\"color: #0000ff;\"><strong>\u091c\u0932\u0935\u093e\u092f\u0941 change: <\/strong>#inline_tags_PLACEHOLDER_5##Impact of climate change on wine fields. <\/p>\n<p><span style=\"color: #0000ff;\">#inline_tags_PLACEHOLDER_3#change in #\u0909\u092a\u092d\u094b\u0915\u094d\u0924\u093e priorities: <\/strong><\/span>Change in consumer preferences in the wine sector is posing challenges. <\/p>\n<p><span style=\"color: #0000ff;\"><strong>\u092d\u0942\u0930\u093e\u091c\u0928\u0940\u0924\u093f\u0915 uncertainty: <\/strong>#inline_tags_PLACEHOLDER_5##\u092d\u0942\u0930\u093e\u091c\u0928\u0940\u0924\u093f\u0915 uncertainty is also affecting the wine sector. <\/p>\n<p>For the last four years, the global vineyard area has been declining. In 2024, this area is expected to decrease by 0.6 percent to 7.1 million hectares. Which indicates a slow rate of decline. <\/p>\n<p>Global wine production is expected to reach 226 million hectoliters in 2024. This is the lowest in more than 60 years. Which is 5 percent less than 2023. This is mainly due to unforeseen and extreme weather events caused by climate change in both the northern and southern hemispheres. <\/p>\n<p>Global wine consumption is estimated to be 214 million hectoliters in 2024. Which is a decrease of 3.3 percent compared to 2023. If confirmed, it would be the lowest global consumption level since 1961. Changes in lifestyle preferences, changes in social habits and generational changes in consumer behavior. <\/p>\n<p><span style=\"color: #0000ff;\">#inline_tags_PLACEHOLDER_3##\u0935\u093f\u0936\u094d\u0935\u0935\u094d\u092f\u093e\u092a\u0940 consumption:<\/strong>#inline_tags_PLACEHOLDER_5##195 Wine is widely consumed in the country. <\/p>\n<p><span style=\"color: #0000ff;\">#inline_tags_PLACEHOLDER_3##\u0935\u093f\u0915\u093e\u0938\u0915\u094b potential: <\/strong>inline_tags_PLACEHOLDER_5#Some countries with #\u0920\u0942\u0932\u094b population still have significant growth potential. <\/p>\n<p><span style=\"color: #0000ff;\">#inline_tags_PLACEHOLDER_3#reduction in #\u0905\u0928\u094d\u0924\u0930\u094d\u0930\u093e\u0937\u094d\u091f\u094d\u0930\u093f\u092f trade<\/strong>##inline_tags_PLACEHOLDER_5#<\/p>\n<p>Export volume remained steady at 99.8 million hectares. There was a slight drop in export prices. It fell 0.3 percent to 36 billion euros. However, the average export price has historically been higher at 3.60 euros per liter. Due to inflation and low supply, prices have remained higher than in the pre-pandemic years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kathmandu. The wine industry is currently facing a big challenge. Both consumption and production are declining. U.S. customs duties and environmental problems could pose additional challenges for the wine industry. The wine industry also fears &#8220;generational&#8221; change. This means that the current generation is drinking less wine. \u091c\u0932\u0935\u093e\u092f\u0941 change: #inline_tags_PLACEHOLDER_5##Impact of climate change on wine [&hellip;]<\/p>\n","protected":false},"author":16,"featured_media":249612,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[45044,45159],"tags":[],"class_list":["post-249614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-international-news-en","category-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/249614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/users\/16"}],"replies":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/comments?post=249614"}],"version-history":[{"count":0,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/posts\/249614\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media\/249612"}],"wp:attachment":[{"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/media?parent=249614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/categories?post=249614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/english.insurancekhabar.com\/ikbrapi\/wp\/v2\/tags?post=249614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}