Argentina leads in wine losses with 68 thousand metric tons, followed by Spain and Italy at 64 and 22, respectively, based on 2024 forecasts. The year 2023 saw a decrease in losses for Argentina and Spain by approximately 1.68% and 0.91% respectively, whereas Italy and Brazil experienced slight increases. Over the last five years, Compound Annual Growth Rate (CAGR) trends indicate stability for Portugal, Slovenia, Romania, Morocco, and Greece with no significant changes. These trends highlight fluctuations primarily influenced by climatic, economic, and market dynamics.
Future trends to watch include increased adaptation strategies in wine production against climatic changes, technological advancements in loss mitigation, and the impact of sustainable practices. Monitoring these could provide insights into how countries adjust to minimize wine losses further.
Top countries in Wine Losses by Country
| # | 10 Countries | Thousand Metric Tons | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 68 | 2023 | -1.45% | -1.68% | View data |
| 2 | 2 Spain | 64 | 2023 | 0% | -0.91% | View data |
| 3 | 3 Italy | 22 | 2023 | +4.76% | +0.93% | View data |
| 4 | 4 France | 17 | 2023 | 0% | -1.14% | View data |
| 5 | 5 Brazil | 10 | 2023 | 0% | +2.13% | View data |
| 6 | 6 Portugal | 7 | 2023 | 0% | 0% | View data |
| 7 | 7 Slovenia | 4 | 2023 | 0% | 0% | View data |
| 8 | 8 Romania | 3 | 2023 | 0% | 0% | View data |
| 9 | 9 Morocco | 2 | 2023 | 0% | 0% | View data |
| 10 | 10 Greece | 1 | 2023 | 0% | 0% | View data |
