The Finnish wine market exhibited considerable fluctuations from 2012 to 2022, alternating between declines and periods of significant growth. Notable growth occurred in 2014 and 2018, with year-on-year increases of 10.67% and 25.55%, respectively. However, there were also declines such as the 12.96% drop in 2021. The CAGR for the last five years was positive, underscoring a general upward trend despite year-to-year volatility. The market size was 77.44 million liters by 2022, but the 2023 figures remain undisclosed.
Looking forward to 2024 and beyond, trends to monitor include the growing preference for organic and sustainable wines, changes in consumer behavior due to lifestyle shifts, and potential impacts of regulatory changes. Monitoring these trends could provide insights into the long-term trajectory of the Finnish wine market.
How does Finland rank in Wine Market Size Volume?
| # | 15 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 |
| 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 |
| 11 | 11 Finland | 76,276,000 | 2023 | +1.31% | -1.15% | |
| 12 | 12 Austria | 54,776,000 | 2023 | +0.53% | +0.52% | View data |
| 13 | 13 Lithuania | 35,202,000 | 2023 | +2.27% | +0.58% | View data |
