Key Market Indicators
Vietnamese alcoholic drink consumption is projected to decline to 224,000 metric tons by 2028, down from 257,000 metric tons in 2023. This marks an average annual decrease of 2.2%. The trend has been consistent since 2019, with a year-on-year decrease of 2.1%. In the global ranking for 2023, Vietnam held the 10th position, while South Africa led with a consumption volume of 257,000 metric tons. India, Japan, and Russia occupied the second, third, and fourth spots, respectively. Conversely, Vietnamese alcoholic drink exports are expected to rise, reaching approximately $408 million by 2028 from $353 million in 2023. This represents a compound annual growth rate (CAGR) of 2.3%. Since 2005, Vietnam's supply has grown by an average of 3.4% annually.
Latest reports
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