The Red Wine without PDO Market in Finland stood at 43.637 million liters in 2023. Over the previous decade, the market displayed fluctuations. Initial growth from 41.518 million liters in 2013 to 45.484 million in 2014 was followed by declines and subsequent recoveries, peaking at 47.642 million in 2019. The volume experienced minor declines in recent years, with the last two registering a -0.027% variation in 2023. The average annual variation over the past five years (CAGR) stood at -0.035%, indicating minimal decline. Key yearly changes include substantial growth in 2018 and 2019, contrasting with declines in 2020 and 2021.
Future trends to watch for:
- Potential impact of changing consumer preferences towards organic and specialty wines.
- Economic factors influencing disposable income and luxury consumption.
- Climate-related impacts on wine production globally affecting import volumes.
- Shifts in regulatory frameworks within Finland impacting wine importation and distribution.
How does Finland rank in Red Wine without PDO Market Size Volume?
| # | 14 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,498,700,000 | 2023 | +0.52% | -0.88% | View data |
| 2 | 2 Spain | 1,299,600,000 | 2023 | +6.29% | +0.44% | View data |
| 3 | 3 Germany | 1,121,600,000 | 2023 | +2.18% | +2.44% | View data |
| 4 | 4 United Kingdom | 821,000,000 | 2023 | -0.8% | -0.2% | View data |
| 5 | 5 Portugal | 545,400,000 | 2023 | +4.37% | +5.39% | View data |
| 11 | 11 Bulgaria | 83,349,000 | 2023 | +4.05% | -0.31% | View data |
| 12 | 12 Slovakia | 52,637,000 | 2023 | +2.18% | +0.11% | View data |
| 13 | 13 Finland | 43,637,000 | 2023 | -0.027% | -0.035% | |
| 14 | 14 Lithuania | 26,090,000 | 2023 | +0.44% | +0.7% | View data |
