The analysis of the European wines, excluding PDO or PGI, presents a diversified trend in the Real Price Index by country. In 2023, Romania leads with a high index of 16.313, followed by Spain, Italy, and Portugal, each demonstrating a steady yet moderate value above 10. Croatia, Hungary, Austria, Greece, and France show values below 10, indicating a relatively conservative market stance.
When examining year-on-year variations for 2022, Romania experienced a 2.95% increase, showcasing growth potential. Austria also exhibited growth with a 1.46% increase. However, Spain, Italy, Portugal, Croatia, Hungary, Greece, and France demonstrated declines ranging from -0.36% to -2.33%, indicating market challenges.
Future trends to watch include the potential impact of economic shifts on wine prices, demand changes in emerging markets, and the influence of climate change on wine production quality and quantity in these European regions. Monitoring these factors will be key for understanding future market dynamics.
Top countries in Wines, other than PDO or PGI Real Price Index by Country
| # | 9 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 163.13 | 2022 | -4.61% | +2.95% | View data |
| 2 | 2 Spain | 112.99 | 2022 | +0.26% | -0.36% | View data |
| 3 | 3 Italy | 108.76 | 2022 | -0.87% | -0.95% | View data |
| 4 | 4 Portugal | 102.63 | 2022 | -2.06% | -0.71% | View data |
| 5 | 5 Croatia | 96.47 | 2022 | -1.93% | -1.37% | View data |
| 6 | 6 Hungary | 93.54 | 2022 | -10.16% | -1.05% | View data |
| 7 | 7 Austria | 92.76 | 2022 | +1.07% | +1.46% | View data |
| 8 | 8 Greece | 89.41 | 2022 | -3.81% | -2.33% | View data |
| 9 | 9 France | 89.25 | 2022 | -4.21% | -1.51% | View data |
