Key Market Indicators
Dane Wine Revenue is projected to remain steady at €3.6 million by 2028, maintaining the same revenue figure from 2023. This stability follows a trend since 2013, where the Dane market has grown at an annual rate of 10.4%. In the global ranking for wine revenue in 2023, Dane held the 17th position, with Bosnia and Herzegovina just ahead, also at €3.6 million. Italy, Spain, and Germany ranked second, third, and fourth, respectively. In terms of wine consumption, Dane is expected to see a slight decline. Projections indicate a decrease to approximately 138,000 metric tons by 2028 from 144,000 metric tons in 2023. This represents a year-on-year compound annual growth rate (CAGR) of -0.6%. Since 2019, Dane's wine demand has been decreasing at an annual rate of 1.1%. In 2023, Dane ranked 24th in wine consumption, with Greece just ahead at 144,000 metric tons. France, the United States, and Italy occupied the second, third, and fourth spots in this category.
