In 2024, the European table wine market exhibited substantial regional variations in production share by country. France continues to dominate with €41.07 million, although it saw a slight year-on-year decline of 0.93% in 2023. Italy follows with €19 million, experiencing a decrease of 1.95%, and Spain comes in third at €16.57 million, down by 1.52%. Notably, Romania and Portugal, with €7.4 million and €6.98 million respectively, show contrasting trends, as Portugal saw a 1.73% increase. Other countries like Croatia (€3.24 million), Germany (€3.19 million), and Switzerland (€0.94 million) also registered declines. Meanwhile, Greece and Cyprus are the only countries with notable growth rates at 5.03% and 3.28%, respectively. Smaller producers like Slovenia and the Czech Republic experienced more significant downturns.
Future trends to watch include potential stabilizations or increases in countries like Cyprus and Greece, which are currently showing modest growth. Conversely, traditionally strong producers like France, Italy, and Spain may need to address issues leading to their slight declines to avoid further loss in market share. Monitoring the macroeconomic conditions and changing consumer preferences will be crucial in predicting near-term shifts in the European table wine production landscape.
Top countries in Table Wine Production Share by Country (Million Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 41.07 | 2023 | -6.04% | -0.93% | View data |
| 2 | 2 Italy | 19 | 2023 | +4.07% | -1.95% | View data |
| 3 | 3 Spain | 16.57 | 2023 | +3.15% | -1.52% | View data |
| 4 | 4 Romania | 7.4 | 2023 | -6.16% | -2.1% | View data |
| 5 | 5 Portugal | 6.98 | 2023 | -14.23% | +1.73% | View data |
| 6 | 6 Croatia | 3.24 | 2023 | -2.25% | -7.29% | View data |
| 7 | 7 Germany | 3.19 | 2023 | +28.05% | -7.1% | View data |
| 8 | 8 Switzerland | 0.94 | 2023 | -7.39% | -0.79% | View data |
| 9 | 9 Cyprus | 0.67 | 2023 | +5.47% | +3.28% | View data |
| 10 | 10 Greece | 0.61 | 2023 | +0.49% | +5.03% | View data |
