The price per liter of wine in Greece has shown an observable upward trend from 2011 to 2021, starting at €2.01 and reaching a high of €2.88 in 2020. The largest year-on-year growth was seen between 2017 and 2018 at approximately 3.6%. However, in 2021, the price decreased to €2.51, a significant drop since the preceding years. The 5-year compound annual growth rate (CAGR) from 2016 to 2021 is modest due to this recent decline.
In 2023, it is crucial to monitor factors such as weather impacts, supply chain changes, and economic conditions, as these could affect wine pricing. Considerations around climate change and evolving consumer preferences toward sustainable and organic wines may also influence future pricing trends.
