The Hungarian sparkling wine market has shown fluctuating value per capita from 2013 to 2023, reflecting changing consumer preferences and economic conditions. The per capita value slightly decreased from 5.15 euros in 2013 to a low of 4.56 euros in 2020, highlighting a downturn during the COVID-19 pandemic. By 2023, it recovered to 5.57 euros. The year-on-year increase from 2022 to 2023 was about 0.36%, with a 5-year CAGR of around 1.1%, indicating robust recovery in recent years.
Future trends to watch for include:
- Potential growth due to increasing consumer interest in premium and organic sparkling wines.
- Importance of sustainability and eco-friendly production processes.
- The impact of geopolitical and economic factors on consumer spending patterns.
- Adoption of digital channels for marketing and sales.
How does Hungary rank in Sparkling Wine Market Size Value Per Capita?
| # | 12 Countries | Euros Per Capita | Last Year | |||
|---|---|---|---|---|---|---|
| 1 | 1 Luxembourg | 47.33 | 2023 | View data | ||
| 2 | 2 France | 47.13 | 2023 | View data | ||
| 3 | 3 Sweden | 25.44 | 2023 | View data | ||
| 4 | 4 Austria | 20.66 | 2023 | View data | ||
| 5 | 5 Portugal | 17.92 | 2023 | View data | ||
| 8 | 8 Denmark | 11.86 | 2023 | View data | ||
| 9 | 9 Spain | 10.51 | 2023 | View data | ||
| 10 | 10 Hungary | 5.57 | 2023 | |||
| 11 | 11 Greece | 3.92 | 2023 | View data | ||
| 12 | 12 Bulgaria | 1.02 | 2023 | View data | ||
