The price per unit of Red Wine without PDO in the Czech Republic has shown fluctuations over the past decade. Between 2012 and 2021, there was a general trend of slight decreases followed by modest increases. The price fell from 2012 to 2015, before experiencing a steady rise from 2016 onwards, peaking in 2018, and then stabilizing around 1.82 Euros per liter 2021.
In the recent years of 2020 to 2021, a modest year-on-year increase was observed. Over the past five years, the compound annual growth rate showed a mild average increase, indicating slight upward price pressure in the market.
Looking towards the future, several trends could impact prices:
- Fluctuations in agricultural yields affecting grape production.
- Changes in consumer preferences towards premium or local varieties.
- Economic factors influencing production costs and consumer purchasing power.
