Greek wine production is forecast to drop by 10.48 percent in 2018 compared to the previous year, according to data presented by the Greek Department of Wine, Vine and Alcohol in a report sent to the European Commission on Tuesday, ANA reports.
The report noted that Greek wine production has declined by 20.88 percent compared with the five-year average, since the volume of production for 2018 is estimated at 2,157,193 hectoliters, as opposed to 2,410,100 hectoliters in 2017.
Conversely, European wine production is expected to reach 168.4 million hectoliters in 2018, marking an in crease of 27 percent compared to the previous year. This growth is led by Italy (48.5 million hectoliters), France (46.1 million hectoliters), and Spain (41 million hectoliters), three countries that account for 81 percent of wine production in the European Union.
Read more at greekreporter.com
RELATED TOPICS: Greece, Greek tourism news, Tourism in Greece, Greek islands, Hotels in Greece, Travel to Greece, Greek destinations , Greek travel market, Greek tourism statistics, Greek tourism report
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