The White Wine PDO market in Croatia experienced fluctuations from 2013 to 2023. The market value showed growth in certain periods, notably in 2018 and 2022 with significant increases of 6.67% and 11.42%, respectively. However, there were declines in 2014, 2015, 2020, and 2021. By 2023, the market value stood at 89.71 million Euros, marking a slight 1.07% increase from 2022. Over the past five years, the market displayed a compound annual growth rate (CAGR) of 0.57%, indicating moderate overall growth.
Future trends to watch for include:
- Potential impact of climate change on grape production and wine quality.
- Evolving consumer preferences for sustainably produced wines.
- Trend towards premiumization with consumers increasingly selecting higher-quality, PDO-designated wines.
- Influence of global economic conditions on luxury wine consumption.
How does Croatia rank in White Wine PDO Market Size Value?
| # | 6 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 481,950,000 | 2023 | +5.63% | +6.19% | View data |
| 2 | 2 Romania | 157,300,000 | 2023 | -1.36% | +0.51% | View data |
| 3 | 3 Croatia | 89,710,000 | 2023 | +1.07% | +0.57% | |
| 4 | 4 Slovenia | 43,819,000 | 2023 | +1.35% | +1.38% | View data |
| 5 | 5 Czech Republic | 42,158,000 | 2023 | -1.99% | +0.24% | View data |
