Based on the data, the wine market in the Netherlands has shown fluctuations over the past decade, with a notable decrease in 2020 due to presumably external factors. As of 2023, the market volume stood at 346.0 thousand metric tons, showing no year-on-year variation. Over the last five years leading to 2023, the market exhibited a very modest average annual growth rate (CAGR) of 0.058%.
For 2024 onwards, the market is forecasted to slightly decline, with an estimated CAGR of -0.12% over the next five years, indicating a market volume of 342.03 thousand metric tons by 2028. This suggests a relatively stable but marginally contracting market.
Future trends to watch for include potential impacts of changing consumer preferences towards alternative beverages, economic factors influencing disposable income, and any regulatory changes related to alcohol consumption. Additionally, the rise in health consciousness could shift market dynamics further.