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Enough Grapes Harvested In Hungary To Meet Wine Needs

• 11 Dec 2020 10:08 AM
• Budapest Business Journal

Farmers have harvested enough grapes this year to meet wine needs, while demand and supply are in balance, said Deputy State Secretary for Agriculture Tamás Tarpataki, of the Ministry of Agriculture, at a meeting of the Agriculture Committeeʼs Subcommittee on Grapes, Wine and Brandy in Parliament yesterday, according to origo.hu.

Tarpataki said the amount of wine grapes harvested in 2020, according to the preliminary estimates of the National Council of Mountain Communities, is close to 3.7 million glazes, from which 2.5 million hectoliters of wine products can be made.

He stressed that the average grape harvest had also resulted in a noticeable increase in grape prices.

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Budapest Business Journal

Hungary's largest and oldest source of business and financial news in English. Since 1992 it has presented essential information on Hungarian business life, including international analyses about the country. These days the BBJ newspaper is published every other week, while it releases daily business news online including premium paid content.

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