The Still Wine Market in Bulgaria per capita volume experienced fluctuations from 2013 to 2023. Starting at 7.82 liters in 2013, it showed a notable increase over the years, particularly peaking at 12.68 liters in 2017. However, there was a decline observed in 2020 and 2021, with volumes dropping to 10.77 and 10.68 liters respectively. By 2023, the market slightly recovered to 11.63 liters per capita. Notably, from 2019 to 2023, there is a discernible diminishing trend, with a modest recovery noted at the end. The five-year compound annual growth rate (CAGR) from 2018 to 2023 reveals stagnation in growth.
Looking forward, key trends to watch include:
- Potential shifts in consumer preferences towards premium or locally produced wines.
- Impact of economic conditions on disposable incomes influencing wine consumption.
- Marketing strategies and their effectiveness in boosting wine consumption among younger demographics.
How does Bulgaria rank in Still, Wine Market Size Volume Per Capita?
| # | 13 Countries | Liters Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Portugal | 99.9 | 2023 | View data | ||
| 2 | 2 Denmark | 24.55 | 2023 | View data | ||
| 3 | 3 Luxembourg | 24.3 | 2023 | View data | ||
| 4 | 4 Germany | 21.54 | 2023 | View data | ||
| 5 | 5 Sweden | 16.3 | 2023 | View data | ||
| 7 | 7 Czech Republic | 14.33 | 2023 | View data | ||
| 8 | 8 Finland | 12.3 | 2023 | View data | ||
| 9 | 9 Bulgaria | 11.63 | 2023 | |||
| 10 | 10 Lithuania | 10.7 | 2023 | View data | ||
| 11 | 11 Estonia | 9.73 | 2023 | View data | ||
