Key Market Indicators
Canadian wine consumption is projected to decline to approximately 378,000 metric tons by 2028, down from 390,000 metric tons in 2023. This represents an average annual decrease of 0.4%. Since 2019, the country's wine demand has consistently dropped by the same rate. In 2023, Canada ranked 12th in global wine consumption, with Portugal surpassing it at 390,000 metric tons. France, the United States, and Italy occupied the second, third, and fourth spots, respectively. In contrast, Canadian wine production is expected to increase. By 2028, production is set to reach nearly 84,000 metric tons, up from around 77,000 metric tons in 2023. This marks an average annual growth rate of 1.4%. Since 1966, Canadian wine supply has risen by 1.9% annually. In 2023, Canada ranked 24th in wine production, just behind Japan at 77,000 metric tons. France, Spain, and the United States took the second, third, and fourth positions in this category.
