Key Market Indicators
**Taiwanese Wine Consumption to Hit 19,000 Metric Tons by 2028 with Steady Growth** Taiwan's wine consumption is projected to rise modestly, reaching approximately 19,000 metric tons by 2028. This forecast marks a slight annual growth rate of 0.3% from the current consumption level of around 19,000 metric tons in 2023. Interestingly, Taiwanese demand for wine has remained stable since 2019, showing no significant changes over the years. In the global ranking of wine consumption for 2023, Taiwan holds the 55th position. Notably, Albania has now surpassed Taiwan, also consuming around 19,000 metric tons. Top wine consumers globally include France, the United States, and Italy, which occupy the second, third, and fourth spots respectively.
