Key Market Indicators
**Peruvian Wine Consumption on the Rise** Peruvian wine consumption is projected to reach 97,000 metric tons by 2028, up from 95,000 metric tons in 2023. This represents a modest annual growth rate of 0.3%. Since 2019, the demand for wine in Peru has been increasing by an average of 1.1% each year. In 2023, Peru ranked 29th globally in wine consumption, with the Czech Republic surpassing it at 95,000 metric tons. France, the United States, and Italy held the second, third, and fourth spots, respectively. **Steady Growth in Wine Production** On the production side, Peru is expected to see its wine output reach approximately 106,000 metric tons by 2028, an increase from 95,000 metric tons in 2023. This reflects an annual growth rate of 1.7%. Since 1966, Peruvian wine production has been growing at an average rate of 3.7% per year. In 2023, Peru ranked 21st in global wine production, just behind Bulgaria, which also produced around 95,000 metric tons. France, Spain, and the United States were the top producers, occupying the second, third, and fourth positions, respectively.
