The wine market in Denmark has shown a consistent trend of growth from 2012 to 2022, increasing from €615.06 million to €772.86 million in value. A steady increase is evident, with notable year-on-year variations, peaking at a 6.59% increase in 2022 following a -4.66% dip in 2021. The Compound Annual Growth Rate (CAGR) over the last five years stands at 2.54%, indicating a moderate but stable growth trend.
Future trends to watch for:
- An increasing preference for organic and sustainably produced wines.
- Growth in e-commerce sales channels for wine purchases.
- A potential shift in consumer behavior towards premium wine selections.
- Impact of international trade policies on wine imports and pricing.
How does Denmark rank in Wine Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,357,200,000 | 2023 | +4.86% | +8.27% | View data |
| 2 | 2 United Kingdom | 4,614,600,000 | 2023 | +0.11% | +0.95% | View data |
| 3 | 3 Sweden | 1,163,000,000 | 2023 | +2.47% | +3.83% | View data |
| 4 | 4 Denmark | 776,400,000 | 2023 | +0.96% | +1.91% | |
| 5 | 5 Czech Republic | 591,010,000 | 2023 | +3.24% | +2.61% | View data |
| 6 | 6 Poland | 560,620,000 | 2023 | +4.89% | +3.99% | View data |
