The market size for White Wine PDO in France has shown a cyclical pattern from 2012 to 2022. The market experienced declines in 2012 and 2013 with year-on-year decreases of 3.58% and 3.71% respectively. However, a notable recovery began in 2015, peaking at a year-on-year growth of 16.14%. Growth continued albeit at slower rates through 2018, followed by slight declines in 2019 and 2020. The last two years saw modest increases, with year-on-year variations of 2.39% in 2021 and 0.91% in 2022. The compound annual growth rate (CAGR) over the last five years was 0.28%, reflecting the market's stability with minor fluctuations. The standing volume in 2023 continues this trend of consistent growth.
Future trends to watch for include the impact of climate change on grape yields and quality, evolving consumer preferences towards organic and sustainable wines, potential economic factors affecting disposable income, and the introduction of new marketing strategies by producers to capture younger demographics. Monitoring these factors will be imperative for forecasting the White Wine PDO market's trajectory in France.
How does France rank in White Wine PDO Market Size Volume?
| # | 6 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 480,630,000 | 2023 | +2.04% | +1.23% | |
| 2 | 2 Spain | 402,140,000 | 2023 | +2.53% | +0.8% | View data |
| 3 | 3 Germany | 122,720,000 | 2023 | +3.02% | +3.8% | View data |
| 4 | 4 Romania | 49,763,000 | 2023 | -6.44% | -5.06% | View data |
| 5 | 5 Croatia | 24,945,000 | 2023 | +0.55% | +0.25% | View data |
