Key Market Indicators
**Argentinian Alcoholic Drink Consumption to Reach 77,000 Metric Tons by 2028** The consumption of alcoholic drinks in Argentina is projected to reach approximately 77,000 metric tons by 2028, up from around 77,000 metric tons in 2023. This represents a modest growth rate of 0.1% per year. Since 2019, the demand in Argentina has seen a slight annual increase of 0.3%. In the global ranking for 2023, Argentina held the 28th position. Portugal surpassed Argentina with a similar consumption volume of 77,000 metric tons. India, Japan, and Russia occupied the second, third, and fourth spots, respectively. **Argentinian Alcoholic Drink Exports Projected to Hit $1 Billion by 2028** Argentina's export of alcoholic beverages is set to climb to approximately $1.07 billion by 2028, up from around $987 million in 2023. This indicates a yearly growth rate of 1.2%. Since 1998, the country's supply has increased at an annual rate of 2.1%. This upward trend in both consumption and exports reflects Argentina's steady growth in the alcoholic beverage sector over the past few decades.
