Key Market Indicators
The import-export gap of Indian Sparkling Wine is forecasted to increase from $2,102,800 in 2021 to $1,910,000 by 2026, decreasing 8.6% year on year. Indian Sparkling Wine import is forecasted to reach $12.6 million by 2026, growing at an average annual rate of 3.2%. In 2021, India ranked 42nd in the world, with Croatia coming in ahead of them at $10.4 million. The United Kingdom, Japan and Germany came in second, third and fourth respectively. Export of Indian Sparkling Wine is predicted to reach $10.7 million by 2026, growing at an average of 4.2% year on year. In 2021, India was 23rd in the world, with Austria taking the lead at $8.3 million. Italy, Spain and Singapore came in second, third and fourth respectively. The import-export gap of Indian Sparkling Wine is expected to decrease from $2.1 million in 2021 to $1.9 million by 2026, a drop of 8.6% year on year.
