The sparkling wine market in Luxembourg saw fluctuations in per capita consumption from 2013 to 2023, ending at 3.69 liters in 2023. Notably, there was a significant drop in 2020, linked to the global pandemic, but consumption rebounded in 2021 and steadily climbed through 2023. The year-on-year growth from 2021 to 2023 averaged around 3.5%. Over the past five years, the compound annual growth rate (CAGR) was approximately 0.8%, indicating moderate growth in the market.
Future trends to watch for include changes in consumer preferences towards sustainable and organic options, and Luxembourg's response to these changes. Additionally, the impact of economic shifts and tourist inflows on per capita consumption could also influence market dynamics.
How does Luxembourg rank in Sparkling Wine Market Size Volume Per Capita?
| # | 11 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 3.69 | 2023 | |||
| 2 | 2 Portugal | 3.23 | 2023 | View data | ||
| 3 | 3 Sweden | 2.72 | 2023 | View data | ||
| 4 | 4 Lithuania | 2.69 | 2023 | View data | ||
| 5 | 5 United Kingdom | 2.38 | 2023 | View data | ||
