In 2023, the European sold production of wine vinegar exhibited significant variations across different countries. Italy maintained its supremacy with a significant value of 249.42 million euros and a year-on-year growth of 6.98%. Spain, though distant, secured the second position with 67.23 million euros, showing a slight increase of 0.66%. France experienced a decline of 2.31%, settling at 21.957 million euros. Germany demonstrated a robust performance with a 13.09% increase, while Greece emerged as a strong contender with a 15.86% rise. Portugal experienced a slight decline of 0.98%, whereas Poland and Finland experienced modest growths of 1.39% and 1.87%, respectively. Serbia and Lithuania saw declines with variations of -4.3% and -4.51%, respectively.
Future trends indicate a potential for growth in countries with emerging performances like Greece and Germany, driven by increased production capabilities and market expansion. Continuous monitoring of major producers like Italy and Spain will be crucial, as they adjust to market demands and technological advancements in production processes. Environmental regulations and consumer preferences for organic products could also significantly influence the market dynamics.
Top countries in Sold Production of Wine Vinegar by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 249,420,000 | 2023 | +5.29% | +6.98% | View data |
| 2 | 2 Spain | 67,230,000 | 2023 | +1.53% | +0.66% | View data |
| 3 | 3 France | 21,957,000 | 2023 | -3.03% | -2.31% | View data |
| 4 | 4 Germany | 12,303,000 | 2023 | -5.24% | +13.09% | View data |
| 5 | 5 Greece | 8,378,700 | 2023 | +3.27% | +15.86% | View data |
| 6 | 6 Portugal | 6,578,500 | 2023 | +2.11% | -0.98% | View data |
| 7 | 7 Poland | 3,960,600 | 2023 | +2.02% | +1.39% | View data |
| 8 | 8 Romania | 3,790,100 | 2023 | -0.32% | -0.083% | View data |
| 9 | 9 Bulgaria | 2,883,900 | 2023 | +2.56% | +4.07% | View data |
| 10 | 10 Finland | 1,505,600 | 2023 | -1.97% | +1.87% | View data |
