News

Chile's Wine Consumption Plummets 17.5%, Steepest Drop Among Major Markets

Market & export

17 October 2026 · 1 min read

Chile's Wine Consumption Plummets 17.5%, Steepest Drop Among Major Markets

Chile's wine consumption fell 17.5% in 2025, the sharpest decline among major markets, with global consumption declining only 2.7%. The country's wine sector faces mounting pressure as producers contend with 1.1 billion liters in storage, lower grape prices, and weakening export demand.

China Hosts Historic OIV World Congress of Vine and Wine for First Time in Asia

International

17 October 2026 · 1 min read

China Hosts Historic OIV World Congress of Vine and Wine for First Time in Asia

The 47th OIV World Congress of Vine and Wine took place in Yinchuan, Ningxia, bringing together over 600 participants from 47 countries. This marks the first time the organization has held its congress in Asia, reflecting China's expanding influence in shaping the global wine and viticulture sector.