Crisis in Greek wine production – For the first time below 2 million kiloliters



A significant reduction that will reach 17.53% is foreseen for the Greek wine production for the wine season 1/8/2020 to 31/7/2021 by the Central Cooperative Union of Wine Products (KEOSOE), according to the first estimate sent by the competent Wine and Spirits service to the Commission. As underlined, “it is the first time in the history of Greek wine production estimated at less than 2,000,000 HL, which confirms the image given by most of the wine-growing areas after the completion of the harvest According to a table published by KEOSOE, the quantity of wines without PDO and PGI is projected to rise to 1,198,803 kiloliters, reduced by 27.82%, while for PDO wines to 162,761 kiloliters recording a marginal decrease of 0.06 %. The quantity for PGI wines is expected to reach 426,307 kiloliters, marking an increase of + 12.24%, while for varietal wines, a quantity of 164,051 kiloliters is forecast, reduced by 6.58%. Finally, the must is expected to reach 15,800 kiloliters. Greek wine production 2020-2021 is 18.78% lower than the previous average of the last five years. However, the reduction of production, at the moment, is partially welcomed in the current period, according to KEOSOE, as wine stocks as at 31 July 2020, amounted to 3,117,801 kiloliters increased by 81.19%, while wine availability According to the producers, the specific quantities “are doubtful whether they can be liquidated in the market and in exports, given the restrictions imposed due to the Covid-19 pandemic”, while KEOSOE points out “Reducing wine production means reducing the quantities of grapes and further reducing the income of growers, who are now at their financial limits, as grape prices have fallen significantly.” Follow it on Google News and be the first to know all the newsSee all Latest News from Greece and the World, at



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