Key Market Indicators
Swiss wine consumption is projected to decrease slightly, reaching approximately 282,000 metric tons by 2028, down from 284,000 metric tons in 2023. This represents an average annual decline of 0.1%. Since 2019, the demand for wine in Switzerland has seen a gradual decrease of 0.4% per year. In 2023, Switzerland ranked 17th in global wine consumption, with Brazil surpassing it by consuming 284,000 metric tons. Leading the consumption rankings were France, the United States, and Italy, occupying the second, third, and fourth positions, respectively. On the production front, Swiss wine output is expected to grow modestly, reaching around 105,000 metric tons by 2028 from 104,000 metric tons in 2023. This indicates a compound annual growth rate (CAGR) of 0.2%. Historical data show a more significant decline, with Swiss wine production decreasing by 1.3% annually since 1966. In the global production rankings for 2023, Switzerland stood at 19th place, with Moldova producing slightly more at 104,200 metric tons. France, Spain, and the United States held the second, third, and fourth positions, respectively, in wine production.