France, Italy, and Spain dominate the European wine production market, holding significant shares of 37.5%, 30.44%, and 19.04% respectively in 2023. Germany and Portugal follow, yet they remain far behind these leaders. Noteworthy changes between 2022 and 2023 include Germany’s 11% increase, and Austria’s 18.41% rise, indicating growing markets. Conversely, Portugal’s share declined by 4.41%, and Denmark saw a decrease of 16.84%. Croatian and Serbian markets are showing promising growth. Other countries maintain a relatively marginal share in European wine production.
Future trends to monitor include the impact of climate change on vineyards, which might alter production capabilities in traditional regions, potentially opening opportunities for countries like Germany and Austria. Additionally, increasing global consumption offers expansion prospects for European countries to enhance their wine industry on an international scale.
Top countries in Sold Production of Wine Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 37.5 | 2023 | +2.95% | +0.29% | View data |
| 2 | 2 Italy | 30.44 | 2023 | +1.93% | +3.09% | View data |
| 3 | 3 Spain | 19.04 | 2023 | +4.16% | +0.8% | View data |
| 4 | 4 Germany | 4.23 | 2023 | +0.84% | +11% | View data |
| 5 | 5 Portugal | 3.35 | 2023 | +5.14% | -4.41% | View data |
| 6 | 6 Romania | 1.65 | 2023 | +3.59% | +0.56% | View data |
| 7 | 7 Hungary | 0.99 | 2023 | +3.26% | +1.06% | View data |
| 8 | 8 Greece | 0.56 | 2023 | +7.61% | -0.21% | View data |
| 9 | 9 Croatia | 0.43 | 2023 | +3.59% | +3.32% | View data |
| 10 | 10 Czechia | 0.38 | 2023 |
