The European Sold Production of Vermouth and other flavoured wines is predominantly led by Italy, which captures over half of the market share at 52.53%. Spain follows as the second-largest producer with a share of 24.76%, while France holds a significant 15.87%. Smaller contributors include Finland and Romania with shares of 2.06% and 1.48%, respectively. Over the past year, Italy has seen a robust increase of 15.67%, outpacing other countries. Conversely, Romania and Sweden experienced declines. Denmark and Lithuania noted steep reductions, underscoring a shift in production dynamics.
Looking forward, expect Italy to consolidate its leadership. Meanwhile, warmer southern European regions like Spain may capitalize on their established reputation and climate advantages to grow their shares. However, environmental factors and consumer preferences for organic and eco-friendly options could influence future production and market distribution.
Top countries in Sold Production of Vermouth and Other Wine of Fresh Grapes Flavoured with Plants or Aromatic Substances Share by Country (Euros)
| # | 9 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 52.53 | 2023 | +4.48% | +15.67% | View data |
| 2 | 2 Spain | 24.76 | 2023 | +0.83% | +3.44% | View data |
| 3 | 3 France | 15.87 | 2023 | +6.57% | +1.71% | View data |
| 4 | 4 Finland | 2.06 | 2023 | +7.88% | +8.74% | View data |
| 5 | 5 Romania | 1.48 | 2023 | -0.91% | -1.75% | View data |
| 6 | 6 Sweden | 1.08 | 2023 | +5.36% | -3.95% | View data |
| 7 | 7 Lithuania | 0.12 | 2023 | -9.38% | -9.24% | View data |
| 8 | 8 Denmark | 0.052 | 2023 | +6.03% | -22.92% | View data |
| 9 | 9 Estonia | 0.004 | 2023 | +0.0071% | +2.79% | View data |
