From 2013 to 2023, wine consumption in Bulgaria exhibited fluctuations, peaking in 2017 at 12.82 liters per capita, then easing to 11.7 liters in 2023. Notably, the highest increase occurred between 2014 and 2015, with a notable 23.57% rise, followed by gradual stabilization. In the final two years, consumption reflected modest growth from 10.82 to 11.7 liters, reflecting a 1.01% year-over-year uptick in 2023. Over the last five years, the compound annual growth rate (CAGR) stood at approximately -1.85%, marking a slight decline overall.
Future trends indicate a cautious focus on exploring emerging varietals and appealing packaging to curb consumption variability. Monitoring economic factors and wine tourism impact is crucial for forecasting future consumption patterns in Bulgaria.
How does Bulgaria rank in Wine Market Size Volume Per Capita?
| # | 15 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 103.29 | 2023 | View data | ||
| 2 | 2 France | 62.12 | 2023 | View data | ||
| 3 | 3 Luxembourg | 27.88 | 2023 | View data | ||
| 4 | 4 Denmark | 27.07 | 2023 | View data | ||
| 5 | 5 Germany | 25.45 | 2023 | View data | ||
| 10 | 10 Estonia | 13.08 | 2023 | View data | ||
| 11 | 11 Lithuania | 12.81 | 2023 | View data | ||
| 12 | 12 Bulgaria | 11.7 | 2023 | |||
| 13 | 13 Greece | 10.06 | 2023 | View data | ||
| 14 | 14 Austria | 5.43 | 2023 | View data | ||