News in Numbers
€15.8m
The European Commission has given the green light to an aid package for winemakers in Spain’s Rioja wine region.
$60.5m
US wine group Vintage Wine Estates filed for bankruptcy and is to delist its common stock after failing to pay off $60.5m in debt.
9.3%
The value of Irish spirits exports dropped 9.3% in 2023 to €1.32bn ($1.47bn).
40 - 43,000,000 hL
France is expected to produce lower volumes of wine in this year’s harvest following climatic challenges and vine issues hitting growers.
5%
Brewers in the EU produced 5% less beer in 2023, according to data from the bloc’s statistical office.