CY 2012 EU-27 wine production is still preliminarily estimated at 141 Million Hectoliters (Mhl), a decline of 9 percent from the previous year. Among the major EU wine producing countries, decreases occurred in France (-19 percent), Italy (-8 percent), and Spain (-5.6 percent), while increases were registered in Greece (+15 percent) and Portugal (+4 percent). EU-27 wine consumption is estimated to remain flat during CY 2012. The EU-27
remains the world’s leading wine exporter and importer in CY 2012, exporting 22.3 Mhl valued at $11.3 billion, while importing 13.6 Mhl valued at $3.2 billion. The United States remains the leading export market for the EU-27 as a whole.
This report presents the outlook for wine production, trade, consumption, and stocks for the EU-27.Unless stated otherwise, data in this report are based on the views of Foreign Agricultural Service analysts in the EU-27 and are not official USDA data.