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Wine Consumption Declines Globally
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Global wine consumption drops to its lowest level since 1996, with a 2.6% decline in 2023. Adverse weather and reduced vineyard yields impact the industry.
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How might the decline in wine consumption affect vineyards and wineries globally?
In what ways could the shift in wine consumption patterns impact international trade and economies?
What strategies could countries employ to reverse the downward trend in wine consumption?
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