France leads European wine production at producer prices with a notable valuation of €11.97 billion in 2024, followed by Italy at €9.64 billion. Spain and Portugal significantly trail, with values of €1.34 billion and €1.2 billion, respectively. Germany and Austria also contribute moderately to the market, while smaller producers like Luxembourg and Greece register under €0.05 billion.
Looking at year-on-year changes in 2022, Portugal and Italy experienced growth rates over 7%, whereas Hungary saw a substantial decline of -11.42%. Spain and Germany also faced negative growth rates of -3.7% and -2.36%, respectively. Conversely, France and Austria saw positive changes of 4.52% and 4.8%, and smaller markets like Cyprus and Luxembourg had modest growths of around 3%.
For future trends, it will be essential to monitor how sustainable growth strategies in Portugal and Italy will unfold, and whether the significant decline in Hungary will reverse. Additionally, how competitive pressure and potentially changing consumer preferences will impact smaller states like Luxembourg and Greece will be crucial in shaping the overall European wine production landscape.
Top countries in Wine Production at Producer Price by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 11,970 | 2022 | +32.82% | +4.52% | View data |
| 2 | 2 Italy | 9,640 | 2022 | +10.39% | +7.09% | View data |
| 3 | 3 Spain | 1,340 | 2022 | -8.79% | -3.7% | View data |
| 4 | 4 Portugal | 1,200 | 2022 | +4.38% | +7.11% | View data |
| 5 | 5 Germany | 1,180 | 2022 | +0.24% | -2.36% | View data |
| 6 | 6 Austria | 691.71 | 2022 | +7.86% | +4.8% | View data |
| 7 | 7 Switzerland | 433.51 | 2022 | +40.19% | +3.1% | View data |
| 8 | 8 Romania | 345.03 | 2022 | +9.32% | +1.57% | View data |
| 9 | 9 Croatia | 144.11 | 2022 | +1.31% | -4.65% | View data |
| 10 | 10 Slovenia | 109.5 | 2022 | +18.39% | +0.27% | View data |