The Danish market for red wine without PDO has shown modest growth, standing at 360.88 million Euros in 2023. Between 2013 and 2023, the market experienced fluctuations with notable expansions in 2014 and 2018, and declines in 2020 and 2021. The last recorded year-on-year growth was 0.45% in 2023, and the Compound Annual Growth Rate (CAGR) over the last five years indicated a slight decline of 0.21%.
Looking ahead, key trends to watch include consumer preferences shifting towards organic or low-alcohol wines, the impact of sustainable practices on purchasing decisions, and economic factors impacting disposable income, which could influence overall demand.
How does Denmark rank in Red Wine without PDO Market Size Value?
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United Kingdom | 2,242,800,000 | 2023 | -0.68% | -0.18% | View data |
| 2 | 2 Germany | 2,009,800,000 | 2023 | +4.08% | +4.15% | View data |
| 3 | 3 Portugal | 691,970,000 | 2023 | +5.18% | +4.61% | View data |
| 4 | 4 Sweden | 532,350,000 | 2023 | +1.31% | +2.26% | View data |
| 5 | 5 Denmark | 360,880,000 | 2023 | +0.45% | -0.21% | |
| 6 | 6 Poland | 348,920,000 | 2023 | +4.56% | +4.04% | View data |
| 7 | 7 Czech Republic | 244,710,000 | 2023 | +1.06% | -0.72% | View data |
