Brutal wine surpluses have accumulated in Slovakia due to the coronavirus pandemic

By: Trademagazin editor Date: 2020. 05. 20. 11:05

In Slovakia, at least 80 percent of winemakers are affected by the crisis caused by the coronavirus. As they stopped exporting to third countries, they created a surplus of at least twenty million hectoliters of wine on the market. There is so much wine in the country that we can even drown in it, warn Slovak wine producers, who are hoping for help from the state and the European Union.

Demand for wine has fallen sharply in Slovakia, and the current situation could also affect next year’s production, as Slovak winegrowers do not have enough money to protect grapes and some have already been forced to grub up vines, writes Infostart. At least 80 percent of winemakers are affected by the crisis caused by the coronavirus in Slovakia, and as they have stopped exporting to third countries, there has been a surplus of at least twenty million hectoliters of wine on the market. According to the head of the Association of Viticulture and Winemakers, domestic producers are mainly at risk from French, Spanish and Italian wine producers, who will sell their wines cheaply. (agrarszektor.hu)