Lisbon, Dec, 12, 2025 (Lusa) - Wine production is expected to fall 20% this year to its lowest level in a decade, despite good quality, and the price of olive oil is expected to fall 5%, according to a preliminary estimate released by INE on Friday.

According to the preliminary estimate of the "Economic Accounts for Agriculture - 2025" from Statistics Portugal (INE), although wine production, one of the main national agricultural products, alongside olive oil, is this year "the lowest in the last decade, quality wines are expected, with balanced sugar levels and good aromatic concentration".

The decline in wine production this year was due to "heavy rains and mild temperatures in the spring [which] favoured the development of mildew, reducing the number and weight of grapes", as well as "extreme heat in the summer [which] caused burns and dehydration of the fruit".

Concerning olive oil production, INE forecasts that in the calendar year 2024 (covering part of the 2024/2025 and 2025/2026 campaigns) will fall by 9.7% in volume, due to a decrease of around 20% in olive production in the current season (2025/2026). However, olives and olive oil are expected to be "of good quality".

With the recovery of global supply, the price of olive oil is expected to fall by 5%.

Overall, INE estimates point to a 2.2% increase in fruit production, driven by higher production of cherries (+5.0%), kiwis (+10.0%) and strawberries and small berries (+17.2%).

In terms of price, an increase is estimated for total fruit (+3.1%) and for most species, except apples, pears, and olives.

As for cereal production, it is expected to decrease by 9.1% in volume due to adverse weather conditions, with a notable "sharp decline" in wheat (-25.5%), barley (-21.6%) and oats (-29.3%), while maize and rice production are both expected to decrease by 5.0%.

PD/ADB // ADB.

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