The Red Wine PDO market in France has seen fluctuating volumes over the past years. Starting at 970.83 million liters in 2013, the market experienced a dip, then some growth, and recent stability, reaching 1020.1 million liters in 2023. The volume trend showed notable ups and downs, with a significant rise in 2015 (16.18% year-on-year growth) and 2019 (3.73% growth), but also marked declines in 2014 and 2016. The most recent years have seen minor variations, with a marginal increase of 0.24% in 2023. The five-year CAGR from 2018 to 2023 registers at -0.32%, indicating a slight overall decline.
Future trends to watch for:
- Potential impacts of climate change on grape production
- Shifting consumer preferences toward organic and sustainable products
- Regulatory changes within the European Union affecting production standards
- Technological advancements in wine production and distribution
- Global economic conditions influencing consumer spending on premium wines
How does France rank in Red Wine PDO Market Size Volume?
| # | 6 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,100,700,000 | 2023 | +2.73% | +5.87% | View data |
| 2 | 2 France | 1,020,100,000 | 2023 | +0.24% | -0.32% | |
| 3 | 3 Romania | 20,479,000 | 2023 | -7.24% | -6.54% | View data |
| 4 | 4 Croatia | 5,169,900 | 2023 | -6.43% | -4.73% | View data |
| 5 | 5 Slovenia | 4,693,900 | 2023 | -3.52% | -0.87% | View data |
