France, the United States, and China dominate global wine demand, with France leading. Notable declines occured in the US, Germany, and Russia, while China's demand was stable. Emerging shifts, however, include Bulgaria and Latvia exhibiting the highest growth in the past year.
Future trends indicate potential growth in wine consumption in emerging markets like Mexico, Morocco, and India, driven by evolving consumer preferences and economic growth. Monitoring trade dynamics, especially between China and other leading wine-producing nations, will be essential to understanding potential shifts in demand.
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 13.14 | 2023 | -0.14% | -0.32% | View data |
| 2 | 2 United States | 11.08 | 2023 | -1.96% | -1.28% | View data |
| 3 | 3 China | 10.28 | 2023 | 0% | 0% | View data |
| 4 | 4 Spain | 8.93 | 2023 | +1.64% | -0.066% | View data |
| 5 | 5 Italy | 8.91 | 2023 | +0.33% | -0.083% | View data |
| 6 | 6 Germany | 5.88 | 2023 | -1.61% | -1.54% | View data |
| 7 | 7 United Kingdom of Great Britain and Northern Ireland | 5.26 | 2023 | |||
| 8 | 8 Argentina | 4.09 | 2023 | 0% | -0.55% | View data |
| 9 | 9 Russia | 3.37 | 2023 | -2.46% | -2.35% | View data |
| 10 | 10 Australia | 2.26 | 2023 | +0.33% | +0.7% | View data |
