The analysis of European sold production of wine reveals that France leads with 16.848 billion euros in 2024, followed by Italy at 13.675 billion euros, and Spain at 8.5519 billion euros. Germany and Portugal also contribute significantly, though their revenues are lower at 1.9017 and 1.5053 billion euros, respectively. Other notable producers include Romania, Hungary, and Greece. Year-on-year variations show substantial increases for countries like Germany (11%) and Austria (18.41%), while Portugal (-4.41%) and Macedonia (-5.07%) show significant declines. The average annual growth over the past five years (CAGR) supports a more comprehensive view of these trends.
Future trends to watch for include a potential increase in production in Germany and Austria due to their recent strong growth rates. Conversely, the declines in Portugal and Macedonia warrant attention. Changes in consumer preferences, climate impacts, and economic shifts may significantly influence the European wine market in the coming years.
Top countries in Sold Production of Wine by Country
| # | 10 Countries | Euros | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 16,848,000,000 | 2023 | +2.95% | +0.29% | View data |
| 2 | 2 Italy | 13,675,000,000 | 2023 | +1.93% | +3.09% | View data |
| 3 | 3 Spain | 8,551,900,000 | 2023 | +4.16% | +0.8% | View data |
| 4 | 4 Germany | 1,901,700,000 | 2023 | +0.84% | +11% | View data |
| 5 | 5 Portugal | 1,505,300,000 | 2023 | +5.14% | -4.41% | View data |
| 6 | 6 Romania | 739,620,000 | 2023 | +3.59% | +0.56% | View data |
| 7 | 7 Hungary | 444,010,000 | 2023 | +3.26% | +1.06% | View data |
| 8 | 8 Greece | 252,130,000 | 2023 | +7.61% | -0.21% | View data |
| 9 | 9 Croatia | 191,490,000 | 2023 | +3.59% | +3.32% | View data |
| 10 | 10 Czechia | 170,930,000 | 2023 |
