Key Market Indicators
Mexican wine consumption is expected to reach 13,410 metric tons by 2026, a slight increase from this year's 13,000 metric tons. Since 2017, Mexican demand has remained steady, with the country coming in at 59th place in 2021, behind Vietnam's 13,000 metric tons. France, the United States and Italy respectively took the top three spots. Meanwhile, Mexican wine production is forecast to drop to 20,770 metric tons by 2026, a 6.6% decrease from 2021's 30,860 metric tons. Since 1966, Mexican supply has decreased 6.9% each year. This year, Belarus managed to outpace Mexico at 30,860 metric tons, while France, Spain and the United States took the top three spots.
Mexico Wine Market Data and Forecasts
Improve your Knowledge with the latest Indicators and Trends
-
Wine & Sparkling Wines: Comprehensive Review of Varied Global Market Dimensions
Currently, the wine sector globally shows robustness, underpinned by increasing consumption rates in both developing and traditional markets. New-age consumers, characterized by an interest in wine heritage and a proclivity for premium quality products, are driving the aforementioned increase. On the other hand, the sparkling wine market is witnessing lucrative...
Discover more insights -
Wine & Sparkling Wines: Captivating Insights into this Vibrant Global Market
Several factors contribute to the shaping of the global wine market. Consumer preferences play a critical role, with the younger generation's inclination for wine over traditional spirits or light beverages, reshaping the product landscape. Alongside this, improved accessibility and the increase in wine tourism have amplified the grape-based drinks prominence....
Discover more insights -
Wine Industry: Comparative Analysis of Global Market Trends and Opportunities
The global wine industry is currently being influenced by several key trends. Deceleration in overall sales volume can be observed due to changes in consumer preferences towards other alcoholic beverages and increasing health consciousness. However, the premiumisation trend is simultaneously driving growth in sales value. This shift towards quality over...
Discover more insights -
Fortified Wine Market: Probing Trends, Opportunities, and Strategies Across Product Types and Distribution Channels
The market for fortified wines, exemplified by varieties such as Port, Sherry, and Madeira, is anchored by key growth drivers. Among them, the rising global sentiment towards wine consumption for health benefits underscores the expanded demand. The unique method of fortification, which involves the addition of a distilled spirit, typically...
Discover more insights -
Wine Industry: Identifying Leading Opportunities Across Global Markets
The global wine market is largely influenced by changing consumer patterns, expanding urbanization, and rising disposable incomes. A burgeoning middle class, particularly in emerging markets, represents a significant demand driver. Furthermore, wine tourism and online sales channels have offered avenues for growth, enabling wine producers to reach a broader customer...
Discover more insights