Key Market Indicators
Belize is expected to see a significant increase in wine consumption over the next few years. According to recent projections, the country's wine consumption is set to reach approximately 1,350 metric tons by 2028, up from 1,000 metric tons in 2023. This marks an average annual growth rate of 4.2%. Since 2023, Belizean demand for wine has remained steady. In the global ranking for wine consumption in 2023, Belize was positioned at number 100. Laos surpassed Belize with a consumption of 1,000 metric tons. In the broader context, France, the United States, and Italy rounded out the top three positions in the global wine consumption rankings.
