Green harvesting application was submitted for only less than 8 percent of the vineyards
Grape producers applied for a grape and wine surplus market claim until 11 June to the Hungarian State Treasury (MÁK), for less than 8 percent of the vineyards for about 5,200 hectares – the National Council of Mountain Communities (HNT) told MTI.
HNT recalls that according to a market study of the International Organization of Vine and Wine last year, 46 million hectoliters more wines were made in 2018 than consumed all over the world. Nearly 18 percent of wine production – as a production surplus – creates a fierce competitive situation that also affects the Hungarian harvesting and grape sales in 2019 as well. (MTI)
Related news
Good wines, depressing aftertastes!
Nehéz gazdasági helyzet, az értékesítésben nem érvényesíthető költségnövekedés, csökkenő fogyasztás…
Read more >National Council of Mountain Villages: raising the transfer prices of wines is essential
According to the National Council of Mountain Communities (HNT), it…
Read more >Hungarian winemakers can count on government support in the future as well
Zsolt Feldman, State Secretary of the Ministry of Agriculture responsible…
Read more >Related news
Seven trends shaping in-store marketing and retail design in 2024
Smart brands know that in-store marketing and store design can…
Read more >2024 is a year of challenges for the tobacco industry and retail
Annual tobacco retail sales are expected to have increased in…
Read more >The latest issue of Trade magazine is out now!
The digital version is available with more content once again,…
Read more >