From 2013 to 2023, Austria's sparkling wine market saw a declining trend in per capita consumption, decreasing from 3.17 liters to 2.13 liters. The most notable year-on-year decrease was from 2021 to 2023, with declines of approximately 2.67% in 2022 and 2.74% in 2023. The compound annual growth rate (CAGR) over the last five years was around -3.2%, indicating a consistent downward trend in consumption per capita.
Looking to the future, factors to watch include consumer preferences shifting towards other types of beverages, the impact of economic conditions, as well as potential influences from tourism and cultural shifts in beverage consumption within Austria.
How does Austria rank in Sparkling Wine Market Size Volume Per Capita?
| # | 11 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 3.69 | 2023 | View data | ||
| 2 | 2 Portugal | 3.23 | 2023 | View data | ||
| 3 | 3 Sweden | 2.72 | 2023 | View data | ||
| 4 | 4 Lithuania | 2.69 | 2023 | View data | ||
| 5 | 5 United Kingdom | 2.38 | 2023 | View data | ||
| 6 | 6 Austria | 2.13 | 2023 | |||
| 7 | 7 France | 1.85 | 2023 | View data | ||
| 8 | 8 Hungary | 1.52 | 2023 | View data | ||
