The global wine losses share by country in thousand metric tons revealed that Argentina had the highest losses in 2023, followed by Spain, Italy, and France. While most countries showed minimal variations, significant losses were projected in Brazil with a positive growth trend. Argentina showed a marginal decline at -1.68%, and Spain similarly fell by -0.91%. Italy saw a slight growth of 0.93%, whereas France experienced a slight decrease of -1.14%.
Looking forward, anticipate a potential increase in losses from emerging wine markets like Brazil due to expanding production volumes. Simultaneously, established markets such as France and Italy may continue focusing on minimizing losses to maintain their global competitiveness.
Top countries in Wine Losses Share by Country (Thousand Metric Tons)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Argentina | 33.5 | 2023 | -1.45% | -1.68% | View data |
| 2 | 2 Spain | 31.53 | 2023 | 0% | -0.91% | View data |
| 3 | 3 Italy | 10.84 | 2023 | +4.76% | +0.93% | View data |
| 4 | 4 France | 8.37 | 2023 | 0% | -1.14% | View data |
| 5 | 5 Brazil | 4.93 | 2023 | 0% | +2.13% | View data |
| 6 | 6 Portugal | 3.45 | 2023 | 0% | 0% | View data |
| 7 | 7 Slovenia | 1.97 | 2023 | 0% | 0% | View data |
| 8 | 8 Romania | 1.48 | 2023 | 0% | 0% | View data |
| 9 | 9 Morocco | 0.99 | 2023 | 0% | 0% | View data |
| 10 | 10 Greece | 0.49 | 2023 | 0% | 0% | View data |
