The market size of White Wine PDO in the Czech Republic experienced a declining trend from 2013 to 2023, with the value per capita dropping from €4.8 in 2013 to €3.86 in 2023. In the last two years, the market saw a year-on-year decrease of 5.05% from 2021 to 2022 and a further 2.53% decline from 2022 to 2023. Over the past five years, the compound annual growth rate (CAGR) has been negative, indicating a consistent downturn.
Future trends to watch for include:
- Potential market stabilization as consumer preferences evolve.
- Influence of economic factors on consumer spending in the wine sector.
- Innovations and value additions that might revive demand.