In 2023, Italy dominates the European wine market, holding a significant share at 33.75%, followed by France (28.77%) and Spain (23.09%). Germany and Portugal capture smaller portions, with 3.68% and 3.99% respectively. The largest growth from previous years is seen in Austria, which increased by 49.27%, indicating a rising prominence, while Portugal and Finland exhibit noticeable declines of -5.51% and -4.2% respectively. Italy's market share expanded by 3.23% and France contracted slightly by -3.1%.
Future trends to watch include potential market shifts due to climatic changes affecting vineyards, evolving consumer preferences towards sustainable and organic wines, and the resurgence of smaller Eastern European producers, potentially stimulating competition in landscape previously dominated by traditional winemaking countries.
Top countries in Sold Production of Wine of Fresh Grapes (Excluding Sparkling Wine) Share by Country (Euros)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 33.75 | 2023 | +2.29% | +3.23% | View data |
| 2 | 2 France | 28.77 | 2023 | +0.16% | -3.1% | View data |
| 3 | 3 Spain | 23.09 | 2023 | +4.15% | +0.65% | View data |
| 4 | 4 Portugal | 3.99 | 2023 | +1.25% | -5.51% | View data |
| 5 | 5 Germany | 3.68 | 2023 | +4.16% | +2.05% | View data |
| 6 | 6 Romania | 2.12 | 2023 | +3.59% | +0.37% | View data |
| 7 | 7 Hungary | 1.2 | 2023 | +3.52% | +1.22% | View data |
| 8 | 8 Greece | 0.74 | 2023 | +7.58% | -0.094% | View data |
| 9 | 9 Croatia | 0.56 | 2023 | +3.61% | +3.36% | View data |
| 10 | 10 Czechia | 0.5 | 2023 |