Much less than expected grapes were produced this year in Hungary and in several countries of Europe
The experts were mistaken, the crisis of overproduction of grapes did not take place. Less than expected grapes were produced in Hungary and in other European countries, so the export of wine also helps to draw off the domestic stocks accumulated in the last two years.
Harvesting at Varga Winery is over, with only 18.5 million pounds of grapes being processed this year, 14.5 million bottles are expected to be marketed last year, and export volumes are expected to increase by at least 50 percent due to European crop failure. The beautiful autumn time has matured a fantastic quality vintage, some of the early varieties are already in bottles, including the special flavored Irsai Olivér.
Related news
We can’t expect much good on the grape front this year
This year has once again brought worrying variability for grape…
Read more >ULT Magyarország has raised its basic tobacco purchase prices
In this year’s tobacco growing season, Universal Leaf Tobacco (ULT)…
Read more >The average yields of corn and winter apples also doubled
Based on the data of the operational reports for the…
Read more >Related news
In 2023, SPAR realized a turnover of over HUF 1 billion
SPAR Hungary achieved a turnover of HUF 1,023.2 billion in…
Read more >Primark’s first domestic store will open in a month
Primark will open its doors at 10 a.m. on May…
Read more >Heineken achieved strong volume growth in the first quarter
Heineken, the world’s second largest beer producer, achieved a 4.7%…
Read more >