The European sold production of vermouth and other flavoured wines is dominated by Italy, with a 2023 market share of 39.43%. Spain follows closely with 35.91%, while France holds 19.6%. Emerging markets are seen in Finland and Romania, contributing modestly but with positive year-on-year growth of 6.97% and 2.01%, respectively. Bulgaria posts the most significant growth with 33.98%, indicating potential market expansion. In contrast, Sweden and Denmark experience declines, with -7.01% and -20.8%, respectively. Estonia's production is nearly negligible.
Future trends to watch include Italy and Spain's retention of their leading positions, potential expansion in Finland and Romania given their recent positive growth, and whether Bulgaria continues its upward trajectory. Monitoring these shifts could reveal new opportunities or challenges within the European market.
Top countries in Sold Production of Vermouth and Other Wine of Fresh Grapes Flavoured with Plants or Aromatic Substances Share by Country (Liters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 39.43 | 2023 | -3.01% | -2.03% | View data |
| 2 | 2 Spain | 35.91 | 2023 | +2.45% | +1.28% | View data |
| 3 | 3 France | 19.6 | 2023 | +6.4% | +1.66% | View data |
| 4 | 4 Finland | 1.85 | 2023 | +6.4% | +6.97% | View data |
| 5 | 5 Romania | 1.4 | 2023 | -1.31% | +2.01% | View data |
| 6 | 6 Sweden | 0.97 | 2023 | -1.18% | -7.01% | View data |
| 7 | 7 Bulgaria | 0.64 | 2023 | +2.94% | +33.98% | View data |
| 8 | 8 Lithuania | 0.23 | 2023 | -7.86% | -8.44% | View data |
| 9 | 9 Denmark | 0.073 | 2023 | +26.57% | -20.8% | View data |
| 10 | 10 Estonia | 0 | 2023 | 0% | -55.73% | View data |
