The wine market size in Denmark exhibited varying trends from 2012 to 2022. Starting at 152.29 million liters in 2012, fluctuating values over the years reflected the market's dynamic nature. Notable fluctuations included a decline to 143.46 million liters in 2017 and then an increase to 160.38 million liters in 2021. Year-on-year variations indicate instability, with a peak of 5.73% in 2021 and a decline of -3.38% in 2017. The Compound Annual Growth Rate (CAGR) over the last five years stands at +1.98%, highlighting moderate growth. As of 2023, the market stands near historical peaks, reflecting a steady recovery post-pandemic.
Future trends to watch for:
- Impact of changing consumer preferences towards organic and natural wines.
- Potential market disruptions due to economic fluctuations and climate change.
- Growth opportunities in online wine retailing and subscription models.
How does Denmark rank in Wine Market Size Volume?
| # | 15 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 4,301,100,000 | 2023 | +3.17% | +0.078% | View data |
| 2 | 2 Germany | 2,074,400,000 | 2023 | +3.43% | +4.22% | View data |
| 3 | 3 United Kingdom | 1,257,000,000 | 2023 | +0.26% | +0.8% | View data |
| 4 | 4 Portugal | 1,000,600,000 | 2023 | +4.52% | +3.65% | View data |
| 5 | 5 Sweden | 202,840,000 | 2023 | +1.04% | +0.52% | View data |
| 6 | 6 Czech Republic | 168,480,000 | 2023 | +1.22% | -2.07% | View data |
| 7 | 7 Denmark | 166,800,000 | 2023 | +2.67% | +2.26% | |
| 8 | 8 Poland | 163,480,000 | 2023 | +3.41% | +3.81% | View data |
| 9 | 9 Greece | 110,460,000 | 2023 | +0.082% | -0.97% | View data |
