Analyzing the grape production for wines in Germany, we observe some fluctuation between 2013 and 2023, with actual data showing values between 1.01 and 1.4 million metric tons. In 2023, production stood at 1.16 million metric tons.
Over the past two years, the year-on-year variation has been -5.36% from 2022 to 2023 and 6.24% from 2021 to 2022. This indicates significant volatility. The average variation per year over the last five years (2019-2023) shows a modest decline with a CAGR of -0.32%.
Looking ahead, the forecast from 2024 to 2028 anticipates a slight decline in production with a forecasted 5-year CAGR of -0.32%, leading to a total reduction of approximately -1.6% over the forecast period. Future trends to watch include impacts from climate change, technological advancements in viticulture, and shifts in international demand for German wines.