In 2023, Italy led European production of vermouth and other flavoured wines at 114.33 million liters, followed closely by Spain at 104.12 million liters, while France produced 56.818 million liters. Finland and Romania showed moderate outputs, while countries like Bulgaria and Lithuania had notably lower volumes. Year-on-year, Bulgaria saw the highest growth at 33.98%, while Estonia experienced the most significant decline at 55.73%. Over five years, trends reveal slow growth in key markets and declines in smaller ones, impacting the overall dynamic of this sector.
Future trends to watch include the increasing influence of preferences for lower-alcohol and artisanal beverages, which may shift production priorities. Furthermore, economic conditions and evolving trade agreements within Europe could significantly impact the sector's growth and market distribution strategies.
Top countries in Sold Production of Vermouth and Other Wine of Fresh Grapes Flavoured with Plants or Aromatic Substances by Country
| # | 10 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 114,330,000 | 2023 | -3.01% | -2.03% | View data |
| 2 | 2 Spain | 104,120,000 | 2023 | +2.45% | +1.28% | View data |
| 3 | 3 France | 56,818,000 | 2023 | +6.4% | +1.66% | View data |
| 4 | 4 Finland | 5,361,800 | 2023 | +6.4% | +6.97% | View data |
| 5 | 5 Romania | 4,060,900 | 2023 | -1.31% | +2.01% | View data |
| 6 | 6 Sweden | 2,798,600 | 2023 | -1.18% | -7.01% | View data |
| 7 | 7 Bulgaria | 1,866,700 | 2023 | +2.94% | +33.98% | View data |
| 8 | 8 Lithuania | 663,620 | 2023 | -7.86% | -8.44% | View data |
| 9 | 9 Denmark | 210,570 | 2023 | +26.57% | -20.8% | View data |
| 10 | 10 Estonia | 51 | 2023 | 0% | -55.73% | View data |