The Grape Must Market in Portugal has shown varied trends over the past decade. From 2013 to 2018, there was consistent growth, reaching its peak in 2018 with 1.44 liters per capita. However, a decline was observed from 2019 onwards, stabilizing around 1.03 liters per capita from 2022 to 2023. The recent two-year trend indicates minimal variation, suggesting market stabilization. Over the last five years, the compound annual growth rate (CAGR) points to a slight negative change, reflecting the recent stagnation in the market.
Future trends to watch include potential market shifts due to changes in consumer preferences or external factors such as climate change affecting grape production. Technological advancements in production or policy changes could also influence market dynamics.
