From 2013 to 2023, Hungary's per capita sparkling wine consumption dipped slightly, reaching 1.52 liters per person by 2023. The year-on-year increase from 2022 to 2023 was 1.33%. Over the last two years, a slight upward trend emerged, suggesting a gradual recovery from a dip in 2020. The five-year compound annual growth rate (CAGR) observed a moderate -0.45% decline per year, reflecting sporadic fluctuations with mild recovery towards the end.
Future trends may involve exploring consumer preferences, influenced by evolving lifestyle aspirations, potential economic shifts, and increased emphasis on premium and sustainable wine options. Monitoring local and global market dynamics will be crucial.
How does Hungary rank in Sparkling Wine Market Size Volume Per Capita?
| # | 11 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 3.69 | 2023 | View data | ||
| 2 | 2 Portugal | 3.23 | 2023 | View data | ||
| 3 | 3 Sweden | 2.72 | 2023 | View data | ||
| 4 | 4 Lithuania | 2.69 | 2023 | View data | ||
| 5 | 5 United Kingdom | 2.38 | 2023 | View data | ||
| 6 | 6 Austria | 2.13 | 2023 | View data | ||
| 7 | 7 France | 1.85 | 2023 | View data | ||
| 8 | 8 Hungary | 1.52 | 2023 | |||
| 9 | 9 Denmark | 1.22 | 2023 | View data | ||
| 10 | 10 Czech Republic | 0.85 | 2023 | View data | ||
