Key Market Indicators
Revenue from Bulgarian wine is projected to drop by one percent annually to reach around €124 million by 2026. In 2021, Bulgaria was the tenth-largest market for wine, with Austria leading the way at €129 million. Italy, Spain and Germany ranked second, third and fourth respectively. Consumption of Bulgarian wine is expected to grow by 2.4 percent annually to reach 118,000 metric tons by 2026. In 2021, Bulgaria was 28th in the world rankings, with the Czech Republic overtaking at 101,000 metric tons. France, the US and Italy were second, third and fourth respectively. Meanwhile, production of Bulgarian wine is forecast to decline by three percent yearly to reach 86,000 metric tons by 2026. In 2021, Romania was the leader at 102,000 metric tons, with France, Spain and the US taking second, third and fourth place respectively.