Key Market Indicators
Namibian wine consumption is projected to reach approximately 45,000 metric tons by 2028, up from around 43,000 metric tons in 2023. This marks an annual growth rate of 0.6%. Since 2019, Namibia has seen a steady increase in wine demand, with a year-on-year growth rate of 0.5%. In 2023, Namibia ranked 39th globally in wine consumption. Moldova overtook Namibia in 2023, matching Namibia's consumption at around 43,000 metric tons. France, the United States, and Italy held the second, third, and fourth positions, respectively, in global wine consumption rankings.
