The wine market size value per capita in Bulgaria showed a general upward trend from 2013 to 2023, reaching 24.67 Euros per capita in 2023. The market experienced notable growth between 2013 and 2018, peaking at 24.72 Euros in 2018, before dipping in 2019 and 2020. A gradual recovery followed, with a 7.91% increase from 2020 to 2021 and a moderate rise in 2022. Year-on-year growth from 2022 to 2023 was 4.18%. The five-year CAGR from 2018 to 2023 calculates to approximately 0.39%, indicating modest average growth amidst fluctuations.
Future trends to watch include the impact of economic conditions on consumer spending, the rising popularity of regional wines, sustainability practices influencing wine production, and evolving consumer preferences towards premium and organic wines. Monitoring these factors will be crucial for anticipating shifts in Bulgaria's wine market.
How does Bulgaria rank in Wine Market Size Value Per Capita?
| # | 11 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 229.31 | 2023 | View data | ||
| 2 | 2 Denmark | 133.08 | 2023 | View data | ||
| 3 | 3 Sweden | 109.48 | 2023 | View data | ||
| 4 | 4 Germany | 76.22 | 2023 | View data | ||
| 5 | 5 United Kingdom | 67.95 | 2023 | View data | ||
| 8 | 8 Slovakia | 39.71 | 2023 | View data | ||
| 9 | 9 Greece | 26.43 | 2023 | View data | ||
| 10 | 10 Bulgaria | 24.67 | 2023 | |||
| 11 | 11 Poland | 14.69 | 2023 | View data | ||
