The sold production of wine in the UK is forecasted to decrease from 16.7 million euros in 2024 to 14.803 million euros in 2028. This represents a compound annual growth rate (CAGR) of approximately -2.4% from 2024 to 2028. The year-on-year decline reflects a gradual reduction in production, with decreases such as -2.9% from 2024 to 2025, -3.0% from 2025 to 2026, -3.0% from 2026 to 2027, and -3.0% from 2027 to 2028.
Future trends to watch for:
- Potential impacts of climatic changes on vineyard productivity.
- Shifts in consumer preferences towards local and sustainable products.
- Export opportunities caused by global interest in English wine.
- Technological advancements in viticulture and winemaking.