The European Grapes Real Price Index reflects significant variations across countries. In 2023, Portugal leads with the highest index, showcasing strong growth. Countries like Austria and Greece also saw robust increases in recent years, with Austria experiencing a notable double-digit rise. In contrast, Spain and Cyprus have seen declines, highlighting diverse market dynamics. Over the past five years, Italy, Romania, and Hungary exhibited steady growth, while some regions like Malta and Slovenia faced negative growth, indicating potential challenges in their grape markets.
Looking ahead, increasing demand for high-quality European grapes may drive prices higher, especially in countries with premium offerings. Watch for technological advancements in agriculture and climate change impacts, which could alter production volumes and pricing structures, affecting the wider European market dynamics.
Top countries in Grapes Real Price Index by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 130.08 | 2022 | -2.63% | +3.2% | View data |
| 2 | 2 Croatia | 114.44 | 2022 | +1.52% | -1.43% | View data |
| 3 | 3 Spain | 113.85 | 2022 | +2.03% | -4.25% | View data |
| 4 | 4 Romania | 112.03 | 2022 | +3.22% | +2.11% | View data |
| 5 | 5 Slovenia | 112.03 | 2022 | +6.98% | -1.61% | View data |
| 6 | 6 Italy | 111.65 | 2022 | -10.17% | +2.18% | View data |
| 7 | 7 Greece | 105.3 | 2022 | -1.7% | +4.54% | View data |
| 8 | 8 Austria | 95.81 | 2022 | +1.32% | +23.13% | View data |
| 9 | 9 France | 95.4 | 2022 | -28.19% | +0.42% | View data |
| 10 | 10 Bulgaria | 91.31 | 2022 | -7.09% | +1.36% | View data |