The Red Wine PDO market in Greece saw fluctuating growth from 2013 to 2023, with a notable decrease during 2020, likely due to pandemic impacts. By 2023, the market size was valued at 35.529 million Euros. Over the past two years, there was a moderate recovery, with 2021 showing significant growth, followed by stability. The last five-year CAGR indicates a minor negative trend, with an average annual decrease of 0.64%.
Future trends to watch for include:
- Potential recovery post-pandemic, influenced by global economic conditions.
- Shifts in consumer preferences towards sustainable and local products.
- Impact of new regulations or tariffs on wine exports and production costs.
- Technological advancements enhancing production efficiency and market accessibility.
| # | 5 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Hungary | 89,031,000 | 2023 | +2.23% | -3.27% | View data |
| 2 | 2 Romania | 57,379,000 | 2023 | -2.84% | -1.36% | View data |
| 3 | 3 Croatia | 36,925,000 | 2023 | +0.14% | +1.12% | View data |
| 4 | 4 Greece | 35,529,000 | 2023 | -0.21% | -0.64% | |
| 5 | 5 Slovenia | 16,552,000 | 2023 | -2.13% | -1.06% | View data |