In 2023, France and Italy dominated the European quality wine market, with values of 44.33 and 38.93 million euros, respectively, showcasing a robust wine culture. Germany, Portugal, and Austria followed closely with moderate shares. Notably, Spain's share diminished slightly, whereas Portugal exhibited a commendable rise. The overall trend over the last year indicated positive growth in France, Italy, Portugal, Austria, and Switzerland, while some countries like Spain experienced slight declines.
The year-on-year change from 2022 showed an encouraging increase in Italy and Portugal, while Germany and Spain saw a decline. Future trends to watch include potential gains in market share for Italy and diversification of wine production in emerging regions like Austria.
Top countries in Quality Wine Production at Producer Price Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 44.33 | 2022 | +34.76% | +4.01% | View data |
| 2 | 2 Italy | 38.93 | 2022 | +10.41% | +7.24% | View data |
| 3 | 3 Germany | 4.73 | 2022 | +0.89% | -0.25% | View data |
| 4 | 4 Portugal | 3.71 | 2022 | +7.65% | +8.06% | View data |
| 5 | 5 Austria | 3.04 | 2022 | +7.86% | +4.8% | View data |
| 6 | 6 Spain | 2.81 | 2022 | -11.52% | -4.28% | View data |
| 7 | 7 Switzerland | 1.71 | 2022 | +36.85% | +2.83% | View data |
| 8 | 8 Slovenia | 0.45 | 2022 | +18.91% | -0.17% | View data |
| 9 | 9 Czech Republic | 0.17 | 2022 | +3.66% | +0.34% | View data |
| 10 | 10 Luxembourg | 0.1 | 2022 | -4% | +2.95% | View data |
