A wine tasting organised by Paperjam Club. Luxembourg is in the top 25 most affordable countries to buy wine.
Photo: David Laurent/Wide (archives)
Luxembourg wine affordability
A study of prices has ranked Luxembourg in the top 25 most affordable countries in which to buy wine.
It is no surprise, given the size and geographical location of the country and its daily influx of cross-border workers and “fuel tourists”, that Luxembourg tops the ranking in wine consumption.
According to the 2016 Wine Price Index study, unveiled this week by motorhome rental platform SHAREaCAMPER, the Grand Duchy consumes an average of 61.30 litres of wine per capita annually--ahead of Portugal on 55.4 litres and France on 53.6 litres.
Luxembourg ranked in position 22 on the affordability index, with an average cost of €11.78 for a 750ml bottle of wine, The study factors in both local and imported wines. Paraguay tops the ranking with the least expensive wine at an average price of €6.74 per bottle. At the other end of the ranking United Arab Emirates calculated at a cost over 5 times higher, at €34.85 per bottle.
Neighbours Germany, Belgium and France ranked 15th, 20th and 26th respectively. The most affordable European countries are Serbia and the Czech Republic, which rank 2nd and 3rd in the world with average prices of €7.48 and €7.53.