Forecast: Wine Production in France

Over the past decade, the wine production in France has demonstrated significant volatility, ranging from a low of 3.64 million metric tons in 2017 to a high of 4.89 million metric tons in 2018. Notable dips occurred in 2017 and 2020, with production values dropping by 19.25% and 17.11%, respectively. Despite these fluctuations, the production levels in 2023 stood at approximately 4.55 million metric tons, showcasing a relatively stable phase with minimal changes. Year-on-year variations over the last two years were modest, indicating a stabilization trend.

Looking ahead to 2028, forecasts predict a slight decline with an average annual growth rate (CAGR) of -0.09%, equating to a minimal reduction of 0.47% over the next five years. Future wine production trends to watch for include climatic influences, technological advancements in viticulture, and varying global demand which could impact France’s wine output.

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