Key Market Indicators
Bolivian wine consumption is projected to decline to approximately 6,550 metric tons by 2028, down from 7,000 metric tons in 2023. This represents an average annual decrease of 1%. Notably, since 2019, Bolivian demand has remained stagnant. In 2023, Bolivia ranked 75th in global wine consumption, with Malta surpassing it at 7,000 metric tons. Leading the rankings were France, the United States, and Italy, occupying the second, third, and fourth positions respectively. On the production side, Bolivian wine output is anticipated to increase to around 7,750 metric tons by 2028, up from 7,520 metric tons in 2023. This indicates an average annual growth rate of 0.5%. Historical data shows that Bolivian wine production has been on an upward trajectory, with a 2.2% year-on-year increase since 1966. In 2023, Bolivia was ranked 49th in global wine production, with Madagascar overtaking it at 7,520 metric tons. France, Spain, and the United States led the production rankings, holding the second, third, and fourth positions respectively.
