From 2013 to 2023, the per capita value of the sparkling wine market in Luxembourg displayed a generally stable trend, with minor annual variations. In 2023, the market stood at 47.33 Euros per capita. Notable variations include a peak in 2019 at 49.71 Euros, followed by a slight decline towards 47.33 Euros in 2023. Over the last two years, the per capita value decreased by approximately 0.2% year-on-year. The compound annual growth rate (CAGR) over the past five years indicates a modest decline of around 0.5% annually.
Future trends to watch for include potential recovery in value driven by increasing international tourism and higher demand for premium sparkling wines, particularly if economic conditions improve and disposable incomes rise in Luxembourg.
How does Luxembourg rank in Sparkling Wine Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 47.33 | 2023 | |||
| 2 | 2 France | 47.13 | 2023 | View data | ||
| 3 | 3 Sweden | 25.44 | 2023 | View data | ||
| 4 | 4 Austria | 20.66 | 2023 | View data | ||
| 5 | 5 Portugal | 17.92 | 2023 | View data | ||
