Global wine stock variation observed significant shifts from 2023 to 2024. Italy shows a substantial increase of 92.51 thousand metric tons with a 1.9% year-on-year growth. France and Brazil followed with lesser variations, while countries like Namibia and Luxembourg experienced reductions. Notable increases from smaller countries include Indonesia at 5.92% and Cape Verde at 8.45%. Negative trends found in major wine producers like the United States and South Africa stand out, indicating a potential decrease in exports or consumption patterns.
Looking ahead, key future trends in the global wine stock market include:
- Potential growth in emerging wine markets like Indonesia and Cape Verde.
- Continued dominance of Italy, while traditional powerhouses like France stabilize.
- Impacts of decreasing stocks in historically significant producers like the United States, Spain, and South Africa.
- Economic and climate factors further influencing wine production, consumption, and international trade dynamics.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 92.51 | 2023 | +5.77% | +1.9% | View data |
| 2 | 2 France | 18.92 | 2023 | +0.79% | View data | |
| 3 | 3 Brazil | 11.72 | 2023 | +7.48% | View data | |
| 4 | 4 China | 5.12 | 2023 | View data | ||
| 5 | 5 Chile | 3.19 | 2023 | -4.44% | View data | |
| 6 | 6 Czech Republic | 3.04 | 2023 | +5.13% | +4.44% | View data |
| 7 | 7 Kazakhstan | 1.85 | 2023 | +4.17% | +1.68% | View data |
| 8 | 8 Belgium | 1.56 | 2023 | +23.53% | View data | |
| 9 | 9 Namibia | 1.56 | 2023 | +5% | -2.64% | View data |
| 10 | 10 Poland | 1.26 | 2023 | +6.25% | +3.96% | View data |
