The European wine market, as of 2024, exhibits significant disparities in volume share across countries. France remains the leader with a substantial 44.22 liters share, followed by Germany at 21.33 liters, and the UK with 12.92 liters. Notably, countries like Sweden, Denmark, and Poland show positive year-on-year growth rates, suggesting increasing wine consumption. Conversely, certain countries, including Czech Republic and Bulgaria, display declining trends in volume share. The long-term compound annual growth rate (CAGR) reaffirms these regional changes.
Future trends to watch include:
- Emerging markets in Eastern Europe showing potential for growth.
- Consumer preferences shifting towards premium and sustainable wine options.
- Impact of climate change on wine production and varieties.
- Continued influence of the digital marketplace on wine distribution and sales.
Top countries in Wine Market Size Volume Share by Country (Liters)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 44.22 | 2023 | +3.17% | +0.078% | View data |
| 2 | 2 Germany | 21.33 | 2023 | +3.43% | +4.22% | View data |
| 3 | 3 United Kingdom | 12.92 | 2023 | +0.26% | +0.8% | View data |
| 4 | 4 Portugal | 10.29 | 2023 | +4.52% | +3.65% | View data |
| 5 | 5 Sweden | 2.09 | 2023 | +1.04% | +0.52% | View data |
| 6 | 6 Czech Republic | 1.73 | 2023 | +1.22% | -2.07% | View data |
| 7 | 7 Denmark | 1.71 | 2023 | +2.67% | +2.26% | View data |
| 8 | 8 Poland | 1.68 | 2023 | +3.41% | +3.81% | View data |
| 9 | 9 Greece | 1.14 | 2023 | +0.082% | -0.97% | View data |
| 10 | 10 Bulgaria | 0.81 | 2023 | -1.73% | -2.39% | View data |
