The value of the Polish still wine market exhibited consistent growth from 2012 to 2022, increasing from 249.81 million Euros in 2012 to 448.59 million Euros in 2022. Early years showed robust growth with peaks such as 14.41% year-on-year increase in 2015. However, more recent years saw a decelerated pace with just 3.42% growth in 2022. The Compound Annual Growth Rate (CAGR) over the last five years (2018-2022) shows a tapering, averaging out at 3.04% compared to the much higher CAGR of 8.74% in the earlier period of 2012-2014.
Key trends observed include:
- Strong early growth with double-digit year-on-year increases in 2013 and 2015.
- A slowdown in growth rates post-2018, with the lowest rates in 2019 and 2020.
- Averaged CAGR of 3.04% from 2018 to 2022, indicating market maturity or saturation.
Future trends to watch for include potential factors that could influence market growth such as changing consumer preferences towards premium wines, impacts of economic shifts, and the growing interest in sustainable and organic wine products. Tracking these factors could shed light on whether the market faces further maturation or opportunities for renewed expansion.
How does Poland rank in Still, Wine Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 4,373,400,000 | 2023 | +3.94% | +2.81% | View data |
| 2 | 2 United Kingdom | 3,427,700,000 | 2023 | -0.35% | +0.53% | View data |
| 3 | 3 Sweden | 890,910,000 | 2023 | +1.37% | +3.38% | View data |
| 4 | 4 Denmark | 753,330,000 | 2023 | +2.88% | +3.36% | View data |
| 5 | 5 Czech Republic | 533,710,000 | 2023 | +3.17% | +2.13% | View data |
| 6 | 6 Poland | 476,050,000 | 2023 | +4.62% | +3.01% | |
| 7 | 7 Finland | 263,790,000 | 2023 | +1.68% | -0.52% | View data |
| 8 | 8 Greece | 256,900,000 | 2023 | +2.4% | -2.88% | View data |
