The forecast data for the sold production of wine from fresh grapes in Germany, excluding sparkling wine, shows a steady growth trajectory from 2024 to 2028. In 2023, the production stood at 1.25 billion euros. For 2024, the production value is expected to increase to 1.2985 billion euros, and by 2028, it is anticipated to reach 1.4911 billion euros. This represents a consistent year-on-year growth, with a compound annual growth rate (CAGR) of approximately 3.51% over the forecasted five-year period.
Future trends to watch for include:
- Potential changes in consumer preferences, which could influence the demand for non-sparkling wines.
- Impact of climate change on grape production, which may affect overall wine production volumes and quality.
- Regulatory changes in wine production and export markets that could affect Germany's wine industry.