Key Market Indicators
Revenue from Hungarian wine is forecast to drop slightly to €346.35 million by 2026, down 0.3% from 2021's €347.32 million. Since 2013, the market has decreased by 0.5% annually. In 2021, Hungary ranked seventh, with Greece just ahead at €347.32 million. Italy, Spain and Germany held the second, third and fourth spots respectively. Consumption of Hungarian wine is projected to increase 0.2% year-on-year to 253,290 metric tons by 2026. Since 2017, demand has been down by 0.5% on average. In 2021, Chile led the pack at 247,000 metric tons and Hungary came in nineteenth. France, the United States and Italy held the second, third and fourth spots respectively. Production of Hungarian wine is predicted to rise 0.5% annually to 359,850 metric tons by 2026. Since 1966, supply has risen 2.6% year-on-year. In 2021, Brazil topped the list at 343,780 metric tons and Hungary ranked fourteenth. France, Spain and the United States held the second, third and fourth spots respectively.