Czech Republic: Wine Market 2024

Wine Market Size in the Czech Republic

The Czech wine market declined to $X in 2022, waning by X% against the previous year. Overall, the total consumption indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level at $X in 2021, and then shrank in the following year.

Wine Production in the Czech Republic

In value terms, wine production rose slightly to $X in 2022 estimated in export price. In general, production, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2017 with an increase of X%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

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Wine Exports

Exports from the Czech Republic

After three years of decline, shipments abroad of wine increased by X% to X litres in 2022. Overall, exports, however, recorded a abrupt slump. The exports peaked at X litres in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, wine exports surged to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Slovakia (X litres), Germany (X litres) and Poland (X litres) were the main destinations of wine exports from the Czech Republic, together accounting for X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) remains the key foreign market for wine exports from the Czech Republic, comprising X% of total exports. The second position in the ranking was taken by Slovakia ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average wine export price amounted to $X per litre, with a decrease of X% against the previous year. In general, the export price, however, saw a resilient expansion. The growth pace was the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices reached the peak figure at $X per litre in 2021, and then reduced slightly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per litre), while the average price for exports to Slovakia ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wine Imports

Imports into the Czech Republic

In 2022, overseas purchases of wine were finally on the rise to reach X litres for the first time since 2019, thus ending a two-year declining trend. In general, imports showed a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, wine imports dropped modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2021, and then contracted modestly in the following year.

Imports by Country

Slovakia (X litres), Italy (X litres) and Hungary (X litres) were the main suppliers of wine imports to the Czech Republic, with a combined X% share of total imports. Germany, Spain, France and Moldova lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest wine suppliers to the Czech Republic were Italy ($X), Germany ($X) and France ($X), together accounting for X% of total imports.

Germany, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average wine import price amounted to $X per litre, with a decrease of X% against the previous year. In general, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per litre in 2021, and then dropped sharply in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per litre), while the price for Hungary ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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