Key Market Indicators
Turkmenistan's wine consumption is projected to decline to 34,000 metric tons by 2028, down from 36,000 metric tons in 2023. This represents an average annual decrease of 1.2%. Since 2019, the country's demand for wine has been falling at an annual rate of 1.6%. In 2023, Turkmenistan ranked 42nd in global wine consumption, with Angola surpassing it with 36,000 metric tons. France, the United States, and Italy held the second, third, and fourth positions, respectively, in the same ranking. On the production front, Turkmenistan's wine output is expected to reach approximately 39,000 metric tons by 2028, up slightly from 39,000 metric tons in 2023. This reflects a modest annual growth rate of 0.1%. Since 1997, the country's wine production has been increasing at an average annual rate of 0.1%. In 2023, Turkmenistan ranked 30th globally in wine production, with Morocco taking its place with an identical output of 39,000 metric tons. France, Spain, and the United States were the second, third, and fourth largest producers, respectively.
