The Red Wine PDO market in Spain has exhibited a steady upward trajectory from 561.84 million liters in 2013 to 1100.7 million liters in 2023. The market saw significant year-on-year variations, with a noticeable peak in annual growth, particularly in the years 2020 (12.31%) and 2021 (10.96%). The compound annual growth rate (CAGR) over the last five years stands at 5.87%, indicating a stable growth pattern.
Future trends to watch for:
- Potential market saturation influencing the rate of growth
- Impact of regulatory changes on PDO classifications
- Shifts in consumer preferences towards organic and premium PDO wines
- Economic factors affecting consumer spending power
How does Spain rank in Red Wine PDO Market Size Volume?
| # | 6 Countries | Liters | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 1,100,700,000 | 2023 | +2.73% | +5.87% | |
| 2 | 2 France | 1,020,100,000 | 2023 | +0.24% | -0.32% | View data |
| 3 | 3 Romania | 20,479,000 | 2023 | -7.24% | -6.54% | View data |
| 4 | 4 Croatia | 5,169,900 | 2023 | -6.43% | -4.73% | View data |
| 5 | 5 Slovenia | 4,693,900 | 2023 | -3.52% | -0.87% | View data |
