The European market for quality wine and grape must with a Protected Designation of Origin is dominated by France, Spain, and Italy, which together represent a substantial majority of the market. In 2023, France experienced a slight decrease, while Spain and Italy showed positive growth, with Italy advancing the most. Countries like Portugal and Croatia also saw moderate increases, whereas Germany and several Eastern European countries experienced declines, notably Bulgaria.
Key points to note:
- France remains the leading producer despite a minor contraction.
- Spain and Italy exhibit positive growth, contributing to market resilience.
- Emerging players like Portugal and Serbia are exhibiting upward trends.
- Germany and other Eastern European countries face challenges, with notable drops in Bulgaria and Romania.
- Stability is observed in smaller markets like Finland and the UK.
Future trends to watch include potential market shifts driven by environmental challenges and regulatory changes, impacting national production levels. Sustainability practices and consumer preferences for region-specific wines might influence demand dynamics. Additionally, technological improvements in winemaking could enhance production efficiency and quality, benefiting emerging markets significantly.
Top countries in Sold Production of Quality Wine and Grape Must with a Protected Designation of Origin Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 France | 37.35 | 2023 | -0.87% | -1.71% | View data |
| 2 | 2 Spain | 28.61 | 2023 | +4.61% | +1.42% | View data |
| 3 | 3 Italy | 27.19 | 2023 | +3.28% | +4.77% | View data |
| 4 | 4 Portugal | 2.92 | 2023 | +2.93% | +2.12% | View data |
| 5 | 5 Germany | 2.31 | 2023 | +6.54% | -1.27% | View data |
| 6 | 6 Hungary | 0.7 | 2023 | +0.27% | -2.79% | View data |
| 7 | 7 Romania | 0.52 | 2023 | +0.39% | -4.19% | View data |
| 8 | 8 Greece | 0.29 | 2023 | +3.21% | -3.44% | View data |
| 9 | 9 Croatia | 0.29 | 2023 | +0.059% | +1.23% | View data |
| 10 | 10 Czechia | 0.2 | 2023 |
