In 2023, Romania leads the European Wines Price Index with a value of 21.053, showcasing a strong growth trajectory compared to other countries. Spain follows with 13.101, and Hungary at 12.836, both indicating moderate progress. Italy (12.42) and Portugal (11.6) display steady improvements, while Croatia (11.297), Austria (11.23), and France (10.178) mark slight gains. Greece trails with 9.943, reflecting minimal growth.
Year-on-year changes in 2022 showed remarkable growth for Romania at 9.19%, with Hungary also notable at 6.7%. Austria posted 5.73% growth, while Spain (3.23%) and Croatia (2.93%) followed. Italy (2.45%), Portugal (2.18%), France (1.26%), and Greece (0.37%) experienced modest increases.
Looking ahead, watch for trends like increasing consumption of non-traditional wines, sustainability in wine production, and technological advancements in viticulture, which may further influence pricing dynamics in the European wine market.
Top countries in Wines, other than PDO or PGI Price Index by Country
| # | 9 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Romania | 210.53 | 2022 | +6.86% | +9.19% | View data |
| 2 | 2 Spain | 131.01 | 2022 | +8.6% | +3.23% | View data |
| 3 | 3 Hungary | 128.36 | 2022 | +3.56% | +6.7% | View data |
| 4 | 4 Italy | 124.2 | 2022 | +7.81% | +2.45% | View data |
| 5 | 5 Portugal | 116 | 2022 | +5.88% | +2.18% | View data |
| 6 | 6 Croatia | 112.97 | 2022 | +8.52% | +2.93% | View data |
| 7 | 7 Austria | 112.3 | 2022 | +9.78% | +5.73% | View data |
| 8 | 8 France | 101.78 | 2022 | +1.45% | +1.26% | View data |
| 9 | 9 Greece | 99.43 | 2022 | +5.13% | +0.37% | View data |
