Wine stocks in the cellars of German producers and distributors are on the rise. According to a recent report from the Federal Statistical Office (Destatis), wine inventories increased by 335,000 hl (+2.8%) compared to the previous year, reaching 12.4m hl as of July 31, 2024.
White wine holds the largest share
Of the wine stocks, white wine comprises 63%, while red wine (including rosé) makes up 37%. Sparkling wine accounts for 19% of the total inventory. Of this inventory, 97% originates from the European Union, with only 3% coming from non-EU countries. Most of the stocks are wines with protected designation of origin (65%). The reserves are split almost equally between producers (53%) and trading companies (47%).
