Analysis and Studies - Products analysis
Harvest time! Time to talk about wine
November 4th 2022
The harvest season typically falls between August & November in the Northern Hemisphere and February & April in the Southern Hemisphere. With various climate conditions, grape varieties, and wine styles the harvesting of grapes could happen in every month of the calendar year somewhere in the world.
The harvesting of wine grapes (Vintage) is one of the most crucial steps in the process of wine-making. The time of harvest is determined primarily by the ripeness of the grape as measured by sugar, acid and tannin levels with winemakers basing their decision to pick based on the style of wine they wish to produce. The weather can also shape the timetable of harvesting with the threat of heat, rain, hail, and frost which can damage the grapes and bring about various vine diseases.
In 2020, Wine was the world's 103rd most traded product, with a total trade of $34.1B. Between 2019 and 2020 the exports of Wine decreased by -4.16%, from $35.5B to $34.1B. Trade in Wine represents 0.2% of total world trade.
Wine is a part of Beverages, spirits and vinegar. They include Grape wines nes, fortified wine or must, Grape wines, sparkling, Grape wines, alcoholic grape must nes, and Grape must, unfermented, except as fruit juice.
Source: OECD
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