The still wine market in Sweden witnessed varied growth between 2012 and 2022. From 2012 to 2016, the market showed steady growth with notable increases, peaking at a CAGR of 4.4% in 2015. A decline began in 2017, persisting into 2018, where negative growth occurred. A recovery started in 2019, continuing through 2021, with the highest year-on-year growth recorded in 2020 at 5.13%. However, 2022 saw a marginal decline of 0.005%.
Important future trends to watch for:
- Consumer preference shifts towards sustainable and organic wine options.
- The impact of inflation and economic fluctuations on consumer spending.
- Technology and innovation in wine production and distribution methods.
How does Sweden rank in Still, Wine Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,373,400,000 | 2023 | +3.94% | +2.81% | View data |
| 2 | 2 United Kingdom | 3,427,700,000 | 2023 | -0.35% | +0.53% | View data |
| 3 | 3 Sweden | 890,910,000 | 2023 | +1.37% | +3.38% | |
| 4 | 4 Denmark | 753,330,000 | 2023 | +2.88% | +3.36% | View data |
| 5 | 5 Czech Republic | 533,710,000 | 2023 | +3.17% | +2.13% | View data |
