Key Market Indicators
Wine consumption in Luxembourg is set to reach 33,740 metric tons by 2026, up from 32,300 tons in 2021 — a 0.5% growth rate year-on-year. Since 2017, demand in the country has dropped by 0.7% annually. In 2021, Luxembourg ranked 47th in the world, with South Korea overtaking it with 32,300 metric tons. France, the United States, and Italy came in 2nd, 3rd, and 4th respectively. Meanwhile, Luxembourg's wine production is forecast to reach 11,690 metric tons by 2026, up 0.1% year-on-year from 11,460 metric tons in 2021. Since 2005, supply has been growing at a rate of 6.7% annually. In 2021, the country ranked 45th in the world, with Estonia overtaking it with 11,460 metric tons. France, Spain, and the United States came in 2nd, 3rd, and 4th respectively.