From 2013 to 2023, Romania's Champagne market per capita volume increased from 0.007 to 0.013 liters, marking a gradual growth. In 2023, the volume per capita stood at 0.013 liters, reflecting a stable and positive trend, notable with a 18.18% increase over the previous two years. The 5-year compound annual growth rate (CAGR) shows an average annual increase of 6.81% from 2018 to 2023.
Future trends to watch for:
- Economic factors influencing disposable income and potential market expansion.
- Shifts in consumer preferences towards premium and luxury goods.
- Potential impacts of environmental and sustainability concerns on consumption.
