From 2013 to 2023, France's harvested production of grapes for wines exhibited fluctuations. Volumes started at 5.5 million metric tons in 2013, peaking in 2015 at 6.21 before dipping to 4.98 in 2017. A notable recovery occurred in 2018, with production at 6.23 million metric tons. However, the industry saw significant variability, culminating in 2023 with 5.6 million metric tons, reflecting an 8.93% year-on-year decline but a 4.34% increase from 2022.
Recent trends reveal a 22.22% rise in 2022 post the 13.3% decline in 2021 and a promising 22.22% growth rate. However, the drop in 2023 suggests instability. The compound annual growth rate (CAGR) from 2019 to 2023 stood at -2.1%, indicating a downward trend.
Future projections from 2024 to 2028 forecast a steady production of around 5.6 million metric tons, implying minimal annual growth with a slight CAGR decline of -0.04%. Industry stakeholders should watch for:
- Climate impacts on vineyards- Technological advancements in wine production - Market demand shifts both domestically and internationally - Policy changes related to agriculture and trade.