Between 2013 and 2023, the Greek wine market experienced fluctuations, with a peak in 2018 at €330.17 million and a low in 2021 at €277.87 million. The most recent data for 2023 indicates a market size of €293.05 million, growing by 2.63% from the previous year. The last five years demonstrate a downward CAGR of -2.36%, highlighting recent market challenges despite modest recovery in the past two years.
Future trends to watch for:
- Focus on premiumization as consumers seek quality over quantity.
- Potential growth in organic and natural wines driven by health-conscious trends.
- Increased importance of online sales channels to reach diverse consumer bases.
- Adaptation to climate change impacts on viticulture.
How does Greece rank in Wine Market Size Value?
| # | 11 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Germany | 6,357,200,000 | 2023 | +4.86% | +8.27% | View data |
| 2 | 2 United Kingdom | 4,614,600,000 | 2023 | +0.11% | +0.95% | View data |
| 3 | 3 Sweden | 1,163,000,000 | 2023 | +2.47% | +3.83% | View data |
| 4 | 4 Denmark | 776,400,000 | 2023 | +0.96% | +1.91% | View data |
| 5 | 5 Czech Republic | 591,010,000 | 2023 | +3.24% | +2.61% | View data |
| 6 | 6 Poland | 560,620,000 | 2023 | +4.89% | +3.99% | View data |
| 7 | 7 Finland | 352,440,000 | 2023 | +2.25% | +0.55% | View data |
| 8 | 8 Greece | 293,050,000 | 2023 | +2.63% | -2.36% | |
| 9 | 9 Slovakia | 233,900,000 | 2023 | +7.2% | +8.75% | View data |
| 10 | 10 Bulgaria | 174,120,000 | 2023 | +4.89% | +0.053% | View data |
