Between 2009 and 2019, the price per unit of still wine in the UK experienced fluctuations. An initial decline was observed from 2009 to 2010, followed by a recovery period peaking in 2012, only to decline again by 2014. From 2015 to 2019, there was a steady increase, ending with a price of 3.2 Euros per liter in 2019. Over the last two years preceding 2019, minor year-on-year variations reflected a moderate upward trend. Analyzing the five-year CAGR reveals the average annual growth over this period. In 2023, the market showed potential for continued growth.
Future trends to watch for include the impact of economic conditions on consumer purchasing power and potential shifts towards premium or organic wine selections. Additionally, changes in trade regulations due to international relations may influence price dynamics.
