In 2023, France led European quality wine production with a producer price valued at 10.07 billion euros, followed by Italy at 8.85 billion euros. Germany and Portugal trailed with significantly lower values of 1.07 and 0.84283 billion euros, respectively. Spain's production was valued at 0.63935 billion euros, illustrating the diverse scale of production across the continent.
Year-on-year variations saw Portugal experiencing the highest positive shift of 8.06% in 2022. Italy also saw a notable increase of 7.24%. Conversely, Spain recorded a decline of 4.28%, and Germany showed a slight reduction of 0.25%.
For the future, key trends to watch include the impact of climate change on vintage quality and regional wine production. Emerging markets might influence production profitability and spur competitive practices. Sustainability initiatives and evolving consumer preferences could redefine the European wine market landscape.
Top countries in Quality Wine Production at Producer Price by Country
| # | 10 Countries | Million Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 10,070 | 2022 | +34.76% | +4.01% | View data |
| 2 | 2 Italy | 8,850 | 2022 | +10.41% | +7.24% | View data |
| 3 | 3 Germany | 1,070 | 2022 | +0.89% | -0.25% | View data |
| 4 | 4 Portugal | 842.83 | 2022 | +7.65% | +8.06% | View data |
| 5 | 5 Austria | 691.71 | 2022 | +7.86% | +4.8% | View data |
| 6 | 6 Spain | 639.35 | 2022 | -11.52% | -4.28% | View data |
| 7 | 7 Switzerland | 389.39 | 2022 | +36.85% | +2.83% | View data |
| 8 | 8 Slovenia | 102.52 | 2022 | +18.91% | -0.17% | View data |
| 9 | 9 Czech Republic | 39.6 | 2022 | +3.66% | +0.34% | View data |
| 10 | 10 Luxembourg | 22.81 | 2022 | -4% | +2.95% | View data |
