The European Wine Vinegar market by sold production share in 2023 is dominated by Italy with 61.33%, followed by Spain at 16.53%, and France at 5.40%. Germany and Greece show notable growth rates of 13.09% and 15.86% respectively, indicating a strengthening position in the market. Conversely, France and Portugal experienced slight declines, with variations of -2.31% and -0.98% respectively. Smaller markets like Bulgaria and Croatia grew by 4.07% and 3.98% respectively, whereas Lithuania and Serbia saw declines.
Future trends to watch include potential market disruptions from economic fluctuations in key markets which may influence production costs. Additionally, sustained environmental policies could shift consumer preferences, affecting production methodologies and regional dominance. Innovation in wine vinegar products could rejuvenate slower-growing markets like France and Portugal.
Top countries in Sold Production of Wine Vinegar Share by Country (Euros)
# | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 Italy | 61.33 | 2023 | +5.29% | +6.98% | View data |
2 | 2 Spain | 16.53 | 2023 | +1.53% | +0.66% | View data |
3 | 3 France | 5.4 | 2023 | -3.03% | -2.31% | View data |
4 | 4 Germany | 3.03 | 2023 | -5.24% | +13.09% | View data |
5 | 5 Greece | 2.06 | 2023 | +3.27% | +15.86% | View data |
6 | 6 Portugal | 1.62 | 2023 | +2.11% | -0.98% | View data |
7 | 7 Poland | 0.97 | 2023 | +2.02% | +1.39% | View data |
8 | 8 Romania | 0.93 | 2023 | -0.32% | -0.083% | View data |
9 | 9 Bulgaria | 0.71 | 2023 | +2.56% | +4.07% | View data |
10 | 10 Finland | 0.37 | 2023 | -1.97% | +1.87% | View data |