Lithuania shows the highest HICP value among European countries for fortified wines at 14.755, with a notable year-on-year increase of 5.05%. Hungary and Latvia follow closely behind, experiencing significant increases as well. Contrasting growths are seen in Denmark and Poland with rises above 2%. Many countries, including France and Germany, show modest growth, with several others like Estonia and Ireland reporting no changes in recent years. Analyzing the 5-year trend could provide insights into the average variation rates, but a short-term spike in certain regions is evident.
Future trends indicate a potential stabilization or a continued moderate increase in HICP values for fortified wines across Europe. Factors such as regional economic conditions, consumption patterns, and inflation rates could influence these trends. Monitoring policy changes regarding alcohol taxation and economic uncertainties could offer further insights into future price movements across these markets.
Top countries in Fortified Wines HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Lithuania | 147.55 | 2022 | +13.26% | +5.05% | View data |
| 2 | 2 Hungary | 135.38 | 2022 | +3.76% | +1.78% | View data |
| 3 | 3 Latvia | 128.05 | 2022 | +4.05% | +2.08% | View data |
| 4 | 4 Czech Republic | 127.4 | 2022 | +4.68% | +5.3% | View data |
| 5 | 5 Denmark | 121.2 | 2022 | +6.22% | +2.41% | View data |
| 6 | 6 Finland | 119.26 | 2022 | +4.84% | View data | |
| 7 | 7 Ireland | 118.5 | 2022 | +14.49% | View data | |
| 8 | 8 Estonia | 118.2 | 2022 | -1.08% | View data | |
| 9 | 9 Serbia | 115.1 | 2022 | +3.97% | View data | |
| 10 | 10 Belgium | 113.98 | 2022 | +4.7% | +1% | View data |
