Key Market Indicators
South African wine consumption is projected to reach almost 440,000 metric tons by 2026, a 0.2% annual growth on average compared to 2021. Since 2017, demand has decreased by 0.1% year on year. In 2021, South Africa was the 10th biggest consumer, while Australia was ahead with 436,000 metric tons. France, the US and Italy held the 2nd, 3rd and 4th spots, respectively. South African wine production is expected to remain at almost 990,000 metric tons by 2026, a 0% year on year CAGR. Since 1966, production has decreased by 1.2% annually. In 2021, South Africa was the 9th largest producer, with Chile ahead at 992,300 metric tons. France, Spain and the US respectively ranked 2nd, 3rd and 4th.
South Africa Wine Market Data and Forecasts
How much will South Africa Wine Market grow to 2026?
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