In 2023, the United States led the global export market for vermouth and other flavored grape wines in packs greater than 2L, accounting for the largest share at 38.78%, followed by Spain and France. The U.S., Australia, and Brazil showed significant growth, with Brazil's exports increasing by over 100%. Germany and Austria also experienced positive growth. Conversely, Italy, Greece, and Sweden saw notable declines. Over the past five years, the trend indicates a shift towards emerging markets gaining traction, though traditional markets still hold the majority share.
Future trends to monitor include the potential rise of non-traditional markets, enhanced trade agreements, and adjustments following global economic shifts. Environmental policies and consumer preferences may also influence packaging and production practices shaping the export landscape.
Top countries in Export of Vermouth and Other Flavoured Grape Wines in the Pack Greater Than 2L Share by Country (US Dollars)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 United States | 38.78 | 2023 | +4.89% | +6.14% | View data |
| 2 | 2 Spain | 29.35 | 2023 | +3.21% | +2.77% | View data |
| 3 | 3 France | 13.24 | 2023 | -0.92% | -2.17% | View data |
| 4 | 4 Italy | 4.75 | 2023 | -18.82% | -14.73% | View data |
| 5 | 5 Germany | 4.47 | 2023 | +4.18% | +2.3% | View data |
| 6 | 6 Australia | 4 | 2023 | +6.02% | +5.19% | View data |
| 7 | 7 Austria | 0.66 | 2023 | +2.92% | +4.76% | View data |
| 8 | 8 Netherlands | 0.42 | 2023 | +2.1% | -2.21% | View data |
| 9 | 9 Canada | 0.41 | 2023 | +0.92% | +0.041% | View data |
| 10 | 10 Israel | 0.35 | 2023 | +1.88% | -1.45% | View data |