France dominates the European wine production value share in 2023, with 41.48 million euros, followed by Italy and Spain. Germany, Portugal, Greece, and others hold smaller shares. Notable trends include a year-on-year increase for France and Italy, while Spain sees a slight decline. Remarkable growth is observed in Serbia and Denmark, whereas countries like Bosnia and Herzegovina experienced a downturn. The past five years show a varied compounded annual growth rate across the region.
Future trends to watch include potential shifts in Portugal and Germany’s market positions. Efforts towards sustainability and changing consumer preferences could significantly impact production value dynamics.
Top countries in Wine Production Value Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41.48 | 2023 | +4.47% | +7.13% | View data |
| 2 | 2 Italy | 27.07 | 2023 | +3.24% | +2.26% | View data |
| 3 | 3 Spain | 16.72 | 2023 | +2.04% | -0.56% | View data |
| 4 | 4 Germany | 5.86 | 2023 | +1.41% | +1.85% | View data |
| 5 | 5 Portugal | 3.87 | 2023 | +2.27% | +1.99% | View data |
| 6 | 6 Greece | 0.8 | 2023 | +3.57% | -0.14% | View data |
| 7 | 7 Hungary | 0.74 | 2023 | +0.85% | -0.42% | View data |
| 8 | 8 Romania | 0.52 | 2023 | +1.51% | -1.98% | View data |
| 9 | 9 Austria | 0.36 | 2023 | -0.23% | -0.33% | View data |
| 10 | 10 Bulgaria | 0.27 | 2023 | +4.73% | -1.95% | View data |
