The Portugal wine market volume has seen varying growth patterns since 2013, with notable fluctuations. It grew from 475.68 million liters in 2013 to 1000.6 million liters in 2023, showcasing a robust increase. Year-on-year variations reveal significant spikes, especially in 2017 with a 33.64% rise, and more stable, modest growth in recent years, with 4.52% in 2023. The five-year CAGR stands at 3.65%, indicating overall steady growth despite some years of negative or minimal increments.
Future trends to watch could include market saturation effects, sustainability practices, and shifts in consumer preferences toward premium and organic wines, along with the potential impact of global economic fluctuations on wine consumption.
How does Portugal rank in Wine Market Size Volume?
| # | 15 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,301,100,000 | 2023 | +3.17% | +0.078% | View data |
| 2 | 2 Germany | 2,074,400,000 | 2023 | +3.43% | +4.22% | View data |
| 3 | 3 United Kingdom | 1,257,000,000 | 2023 | +0.26% | +0.8% | View data |
| 4 | 4 Portugal | 1,000,600,000 | 2023 | +4.52% | +3.65% | |
| 5 | 5 Sweden | 202,840,000 | 2023 | +1.04% | +0.52% | View data |
| 6 | 6 Czech Republic | 168,480,000 | 2023 | +1.22% | -2.07% | View data |
