The European Wine from Grapes Harmonized Index of Consumer Prices (HICP) shows significant variance across countries, with Serbia leading at 13.24 and Ireland lowest at 8.4 for 2023. Year-on-year variations for 2022 highlight increases in Bulgaria (5.41%), Hungary (3.69%), and Montenegro (3.19%). In 2023, most countries like Serbia, Croatia, and Albania remained stagnant. Over the past 5 years, the compound annual growth rate (CAGR) suggests moderate pricing dynamics, with consistent increases in some areas.
Key future trends may include the impact of evolving consumer preferences towards sustainable and organic wines, alongside potential economic factors affecting wine prices such as changes in taxation, trade policies, or climate conditions affecting grape production.
Top countries in Wine from Grapes HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 132.4 | 2022 | +13.36% | View data | |
| 2 | 2 Bulgaria | 129.48 | 2022 | +12.41% | +5.41% | View data |
| 3 | 3 Montenegro | 124.09 | 2022 | +8.55% | +3.19% | View data |
| 4 | 4 Croatia | 123.69 | 2022 | +13.54% | View data | |
| 5 | 5 Albania | 123.41 | 2022 | +4.54% | View data | |
| 6 | 6 Malta | 121.61 | 2022 | +2.58% | View data | |
| 7 | 7 Belgium | 121.27 | 2022 | +2.96% | +2.04% | View data |
| 8 | 8 Lithuania | 120.32 | 2022 | +10.47% | +2.32% | View data |
| 9 | 9 Estonia | 119.93 | 2022 | +5.4% | View data | |
| 10 | 10 Macedonia | 118.75 | 2022 | +10.13% | +4.17% | View data |
