The Red Wine PDO market in Croatia showed stability with a slight increase in value in 2023, reaching 36.925 million Euros, after a notable recovery from a downturn in 2020. The year-on-year growth rate was minimal at 0.14%, demonstrating a steady pace. Over the last five years, the compound annual growth rate (CAGR) averaged 1.12%, indicating a generally slow yet resilient market recovery.
Future trends to watch for include a potential increase in demand for premium wine segments and shifts in consumer preferences towards organic and sustainable wine options. These could influence market dynamics and provide opportunities for growth. Additionally, global wine production trends and regional tourism impacts can affect the market size and value in the coming years.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 89,031,000 | 2023 | +2.23% | -3.27% | View data |
| 2 | 2 Romania | 57,379,000 | 2023 | -2.84% | -1.36% | View data |
| 3 | 3 Croatia | 36,925,000 | 2023 | +0.14% | +1.12% | |
| 4 | 4 Greece | 35,529,000 | 2023 | -0.21% | -0.64% | View data |
| 5 | 5 Slovenia | 16,552,000 | 2023 | -2.13% | -1.06% | View data |
