The wine production in Africa has exhibited fluctuations over the past decade. From 2014 to 2023, production oscillated between highs and lows, with a notable decrease in 2015, 2016, and 2018. Year-on-year variations included significant declines like the 10.29% drop in 2018 and gains such as the 7.62% increase in 2017. In 2023, wine production stood at 1.06 million metric tons, reflecting a 1.12% decrease from the previous year. Over the last five years, the compound annual growth rate (CAGR) was -0.59%, indicating a slight downward trend.
Looking to the future, projections suggest a continued slight decline, with a forecasted production of 0.9963 million metric tons by 2028. The forecasted 5-year CAGR from 2024 to 2028 is -0.95%, and the overall growth rate within this period is expected to be -4.67%.
Future trends to watch for include potential impacts of climate change on grape yield, advancements in viticulture technology, shifting market demands, and economic conditions influencing production capabilities and investment in the wine industry across Africa.
