The European Wine Harmonized Index of Consumer Prices (HICP) showcases a varied landscape across countries for 2023. Serbia leads at 13.16, followed closely by Bulgaria at 12.95, while Ireland records a lower value at 8.65. Year-on-year variations indicate notable increases in Bulgaria (5.41%), Montenegro (3.31%), and Romania (3.38%), contrasting with negative trends in Greece and Cyprus. Over five years, growth patterns provide insights into regional economic conditions and consumer preferences.
Future trends to watch include potential stabilization in countries with significant recent fluctuations, demand changes due to evolving wine consumption habits, and the impact of climate change on wine production, potentially influencing the HICP further. Monitoring economic policies and trade agreements within the European Union could also offer insights into price adjustments and market dynamics.
Top countries in Wine HICP by Country
| # | 10 Countries | Indexes 2015 = 100 | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Serbia | 131.6 | 2022 | +12.86% | +4.44% | View data |
| 2 | 2 Bulgaria | 129.48 | 2022 | +12.41% | +5.41% | View data |
| 3 | 3 Lithuania | 125.64 | 2022 | +11.2% | +2.8% | View data |
| 4 | 4 Montenegro | 124.11 | 2022 | +8.45% | +3.31% | View data |
| 5 | 5 Croatia | 123.63 | 2022 | +13.48% | +3.79% | View data |
| 6 | 6 Albania | 123.41 | 2022 | +4.54% | View data | |
| 7 | 7 Malta | 121.61 | 2022 | +2.58% | +2.5% | View data |
| 8 | 8 Estonia | 120.88 | 2022 | +4.5% | +2.23% | View data |
| 9 | 9 Belgium | 120.47 | 2022 | +3.25% | +1.92% | View data |
| 10 | 10 Macedonia | 118.75 | 2022 | +10.13% | +3.1% | View data |
