The German red wine market without PDO has shown consistent growth over the last decade, reaching a market value of 2.0098 billion euros in 2023. Key highlights include strong year-on-year growth in 2020 at 15.42%, followed by modest growth over the next two years with 1.54% in 2022 and 4.08% in 2023. The CAGR of 4.15% over the past five years suggests a steady upward trend.
Looking forward, potential influences on the market include:
- Consumer demand influenced by seasonal trends and economic conditions.
- The impact of sustainability and organic wine production on market preferences.
- Changes in wine import policies and potential trade agreements within the EU.
| # | 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% | |
| 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% | View data |
