Forecast: Sold Production of Wine in France

The sold production of wine in France stood at 4.8471 billion liters in 2023. From 2013 to 2023, the trend showed considerable fluctuations, with notable peaks in 2017 and 2018 followed by a moderate decline, then showing stabilization from 2019 onward. The year-over-year change was approximately 2.58% in 2023. The Compound Annual Growth Rate (CAGR) over the past five years leading up to 2023 is approximately -0.53%. Future forecasts project a gradual increase, with the production value expected to reach 5.4395 billion liters by 2028 and a forecasted 5-year CAGR of 1.83%.

Future trends to watch for include:

  • Potential impacts of climate change on vineyard yields impacting production volumes.
  • Shifts in consumer preferences towards organic and sustainable wine production affecting market dynamics.
  • Economic factors and trade policies influencing export and domestic consumption patterns.

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