In 2023, France dominated European quality wine production with a market share amounting to 43.1 million euros, followed closely by Italy at 40.07 million euros. Germany, Portugal, and Spain had notable smaller shares, with Germany at 4.93 million euros and Portugal showing a positive trend with a growth of 6.38%. Spain, with 3.01 million euros, saw a decline of 4.81%. Austria and Portugal displayed resilience with growths of 2.15% and 6.38% respectively. Smaller producers like Slovenia and the Czech Republic faced significant declines.
Future trends to watch include:
- The growing prominence of Portuguese wine, potentially capturing a greater market share.
- France and Italy's challenge to sustain their dominant positions amidst emerging markets.
- Innovations in sustainability and production efficiencies as critical factors for growth.
Top countries in Quality Wine Production Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 43.1 | 2023 | -6.78% | -2.19% | View data |
| 2 | 2 Italy | 40.07 | 2023 | -1.35% | -0.031% | View data |
| 3 | 3 Germany | 4.93 | 2023 | +0.41% | -1.16% | View data |
| 4 | 4 Portugal | 3.43 | 2023 | -8.18% | +6.38% | View data |
| 5 | 5 Spain | 3.01 | 2023 | +2.55% | -4.81% | View data |
| 6 | 6 Austria | 2.91 | 2023 | -7.63% | +2.15% | View data |
| 7 | 7 Switzerland | 1.68 | 2023 | -5.95% | -1.43% | View data |
| 8 | 8 Slovenia | 0.57 | 2023 | +21.93% | -5.92% | View data |
| 9 | 9 Czech Republic | 0.17 | 2023 | -4.02% | -4.79% | View data |
| 10 | 10 Luxembourg | 0.11 | 2023 | +5.74% | -1.64% | View data |
