The forecasted wine demand in Denmark shows a declining trend from 2024 to 2028, starting at 142.25 thousand metric tons in 2024 and reducing to 137.86 thousand metric tons by 2028. Comparing these to the 2023 actual value of 143.50 thousand metric tons, there is a consistent year-on-year decrease. The percentage drop year-on-year is roughly 0.8% from 2024 to 2025, followed by similar declines each year leading to a compounded annual growth rate (CAGR) of -0.8% over five years.
Future trends to watch for:
- Changes in consumer preferences toward alternative alcoholic and non-alcoholic beverages
- Economic factors that could influence disposable income and spending on luxury items like wine
- Potential impacts of emerging wine markets and local production innovations impacting demand