The Czech Republic's wine market saw significant growth in per capita consumption from 2013 to 2017, with a peak at 17.98 liters in 2017. However, there was a noticeable decline from 2018 onwards, reaching 15.06 liters per capita by 2023. The year-on-year variations in the past two years show minor declines: a -0.20% decrease from 2021 to 2022 and a -0.20% decrease from 2022 to 2023. The compound annual growth rate (CAGR) from 2018 to 2023 indicates a -3.15% average annual decline, reflecting the sustained decrease over these years.
In terms of future trends, watch for the impact of economic conditions, changing consumer preferences, and potential shifts in domestic wine production. The adaptation of marketing strategies towards younger consumers and the incorporation of sustainable practices may influence market recovery and growth.
How does the Czech Republic rank in Wine Market Size Volume Per Capita?
| # | 15 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 103.29 | 2023 | View data | ||
| 2 | 2 France | 62.12 | 2023 | View data | ||
| 3 | 3 Luxembourg | 27.88 | 2023 | View data | ||
| 4 | 4 Denmark | 27.07 | 2023 | View data | ||
| 5 | 5 Germany | 25.45 | 2023 | View data | ||
| 6 | 6 Sweden | 18.82 | 2023 | View data | ||
| 7 | 7 United Kingdom | 18.52 | 2023 | View data | ||
| 8 | 8 Czech Republic | 15.06 | 2023 | |||
| 9 | 9 Finland | 14.39 | 2023 | View data | ||
| 10 | 10 Estonia | 13.08 | 2023 | View data | ||
