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Analysis of the Day: Romania's Wine Consumption Exceeds Domestic Production

Key Points:

  • Romania's wine consumption in the 2022-2023 wine year (August 1, 2022 - July 31, 2023) was 4.313 million hectoliters, while domestic production was only 4.1 million hectoliters.

  • This means that Romania imported wine to meet consumer demand.

  • There was a growth in exports of wines with Protected Designation of Origin (PDO) and Protected Geographical Indication (PGI), as well as varietal wines.

  • There was a decrease in imports of PDO and PGI wines by 2%, and a 67% decrease in imports of wines without indication.

  • Overall wine production decreased due to climatic conditions. However, there was an increase in the production of PDO wines, while the production of PGI and varietal wines decreased.

  • This is a sign of the maturing Romanian wine market, as consumers are increasingly preferring higher quality wines.

Additional Notes:

  • Romania produced 800,524 hectoliters of PDO wine and 283,567 hectoliters of PGI wine in the 2022-2023 wine year.

  • The remaining 2.869 million hectoliters of wine produced in Romania was without indication.

  • Romania consumed 921,722 hectoliters of PDO wine and 370,171 hectoliters of PGI wine in the 2022-2023 wine year.

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