The sparkling wine market in Greece showed significant growth from 2013, reaching a value of 42.099 million Euros in 2023. Over the past two years, the market experienced an increase of 5.68% in 2023 and a remarkable 19.89% in 2022. Despite a dip in 2020 and 2021, the compound annual growth rate (CAGR) over the last five years was approximately 5.08%, demonstrating steady recovery and growth. Notable growth occurred between 2013 and 2019, with significant annual gains.
Future trends to watch for include:
- Consumer preferences shifting towards premium and organic sparkling wines.
- Innovations in distribution and marketing channels.
- Influence of tourism on local consumption patterns.
- Potential volatility due to economic factors or global trade policies.
How does Greece rank in Sparkling Wine Market Size Value?
| # | 12 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 3,244,400,000 | 2023 | -0.5% | +0.38% | View data |
| 2 | 2 United Kingdom | 1,171,800,000 | 2023 | +1.2% | +1.98% | View data |
| 3 | 3 Spain | 511,850,000 | 2023 | +2.6% | +4.16% | View data |
| 4 | 4 Sweden | 266,850,000 | 2023 | +5.26% | +4.98% | View data |
| 5 | 5 Austria | 200,330,000 | 2023 | +5.38% | +2.69% | View data |
| 8 | 8 Hungary | 54,085,000 | 2023 | +0.28% | -0.16% | View data |
| 9 | 9 Lithuania | 44,634,000 | 2023 | +2.89% | +8.32% | View data |
| 10 | 10 Greece | 42,099,000 | 2023 | +5.68% | +5.08% | |
| 11 | 11 Luxembourg | 31,163,000 | 2023 | +1.39% | +1.13% | View data |
| 12 | 12 Bulgaria | 6,916,000 | 2023 | +3.75% | +3.65% | View data |
