The forecast for the import of alcoholic grape must to India indicates a gradual decline from 2024 to 2028, starting at 1.0899 million kilograms in 2024 and dropping to 0.87251 million kilograms by 2028. In 2023, the import stood slightly above 1.0899 million kilograms, marking a shift towards lesser imports annually. The year-on-year analysis shows a consistent decrement, with a compound annual growth rate (CAGR) reflecting an overall reduction trend of approximately 5% from 2024 to 2028.
Future trends to watch include potential shifts in consumer preferences, import regulation changes, or domestic production adjustments, which could influence the volume of grape must imports and adjust the current declining trajectory.
