The European wine market shows significant variance in volume by country. For instance, France leads the market with 4.3 billion liters in 2023, followed closely by Germany at 2.07 billion liters. In contrast, smaller markets like Lithuania and Luxembourg are below 0.04 billion liters. Notably, year-on-year growth was highest in Germany and Poland, each experiencing over 3.8% growth, whereas the Czech Republic and Bulgaria saw declines. In terms of five-year CAGR, markets like Luxembourg show more stability compared to volatile ones such as Bulgaria.
Future trends in the European wine market indicate a potential shift towards premium wines, driven by younger consumers with changing preferences. Emerging markets in Eastern Europe are expected to contribute to future growth, while sustainability in production processes becomes increasingly critical.
Top countries in Wine Market Size Volume by Country
| # | 10 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,301,100,000 | 2023 | +3.17% | +0.078% | View data |
| 2 | 2 Germany | 2,074,400,000 | 2023 | +3.43% | +4.22% | View data |
| 3 | 3 United Kingdom | 1,257,000,000 | 2023 | +0.26% | +0.8% | View data |
| 4 | 4 Portugal | 1,000,600,000 | 2023 | +4.52% | +3.65% | View data |
| 5 | 5 Sweden | 202,840,000 | 2023 | +1.04% | +0.52% | View data |
| 6 | 6 Czech Republic | 168,480,000 | 2023 | +1.22% | -2.07% | View data |
| 7 | 7 Denmark | 166,800,000 | 2023 | +2.67% | +2.26% | View data |
| 8 | 8 Poland | 163,480,000 | 2023 | +3.41% | +3.81% | View data |
| 9 | 9 Greece | 110,460,000 | 2023 | +0.082% | -0.97% | View data |
| 10 | 10 Bulgaria | 78,927,000 | 2023 | -1.73% | -2.39% | View data |
