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World's Winemakers Rebound to Bottle Biggest Vintage in 15 Years

  • Wine recovery led by top producers Italy, France and Spain
  • Slump in 2017 production had pushed up prices, OIV head says
    

Photographer: Georges Gobet/AFP via Getty Images

World wine production rebounded in 2018 to the highest in 15 years, which could bring relief to drinkers after bad weather cut the previous year’s volume to the lowest in more than two decades and pushed up prices.

The amount of wine produced rose by 17 percent, to the equivalent of about 39 billion bottles, the Paris-based International Organization for Vine & Wine, or OIV, said on Thursday. Production beat the group’s October forecast, with higher-than-expected output in Italy, France and Spain.