In 2023, the Red Wine without PDO market in the UK was at 821 million liters. The market has seen fluctuations over the past decade, with a notable decline in 2020, dropping 18.25% from the previous year. The year-on-year variation improved slightly in 2021 with a 19.49% rise but showed slight decreases in 2022 and 2023. Over the past five years, the market exhibited a minor compound annual growth rate (CAGR) decline of 0.2%, indicating a generally stagnating or slightly decreasing market.
Future trends to watch for:
- Potential market stabilization or growth driven by changes in consumer preferences.
- The impact of economic factors, such as inflation and disposable income, on consumption patterns.
- Emerging interest in sustainable and organic wine options, which could influence market dynamics.
| # | 14 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 1,498,700,000 | 2023 | +0.52% | -0.88% | View data |
| 2 | 2 Spain | 1,299,600,000 | 2023 | +6.29% | +0.44% | View data |
| 3 | 3 Germany | 1,121,600,000 | 2023 | +2.18% | +2.44% | View data |
| 4 | 4 United Kingdom | 821,000,000 | 2023 | -0.8% | -0.2% | |
| 5 | 5 Portugal | 545,400,000 | 2023 | +4.37% | +5.39% | View data |
| 6 | 6 Romania | 372,470,000 | 2023 | +2.92% | +0.19% | View data |