The forecast for the sold production of wine in Germany shows a steady increase from 917.47 million liters in 2024 to 961.79 million liters in 2028. As of 2023, the production stood at approximately 905.34 million liters, indicating a gradual growth trajectory. The year-on-year growth from 2024 to 2025 is expected to be around 1.23%, while from 2025 to 2026, it will rise by 1.20%. From 2026 to 2027, the growth will be about 1.17%, followed by a similar increase towards 2028. The compound annual growth rate over these forecasted five years is projected to be approximately 1.19%.
Future trends to watch for include:
- Changes in consumer preferences towards organic and sustainable wine production that could impact volumes.
- Potential effects of climate change on grape cultivation impacting supply.
- Economic factors and market dynamics like trade policies that might alter the supply-demand balance.
- Technological advancements in wine production to increase efficiency.
