The Still Wine Market in Portugal increased steadily from 454.96 million liters in 2013 to 965.38 million liters in 2023. Significant year-on-year growth was observed, particularly from 2013 to 2017, with the highest annual growth of 34.19% in 2017. However, growth rates slowed in subsequent years, averaging a CAGR of 3.55% over the last five years (2018-2023). The past two years showed moderate year-on-year growth rates of 4.85% in 2022 and 4.58% in 2023.
Future trends to watch for:
- Emerging consumer preferences for organic and sustainable wine products.
- The influence of climate change on grape production and wine quality.
- Potential impact of economic factors on consumer spending and export volumes.
How does Portugal rank in Still, Wine Market Size Volume?
| # | 13 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 1,784,200,000 | 2023 | +1.81% | +1.58% | View data |
| 2 | 2 United Kingdom | 1,096,000,000 | 2023 | -0.07% | +0.47% | View data |
| 3 | 3 Portugal | 965,380,000 | 2023 | +4.58% | +3.55% | |
| 4 | 4 Sweden | 172,070,000 | 2023 | -0.56% | -0.26% | View data |
| 5 | 5 Czech Republic | 160,360,000 | 2023 | +1.19% | -2.39% | View data |
