Forecast: Import of Vermouth and Other Flavoured Grape Wines in the Pack Greater Than 2L to China

The forecasted import of vermouth and other flavoured grape wines in packs greater than 2L to China shows a rising trend from 2024 to 2028, starting at $9.94 thousand in 2024 and reaching $11.63 thousand by 2028. In 2023, actual data indicated this value was slightly lower. The year-on-year growth rates illustrate a consistent upward trajectory, with each year showing growth between 4.3% and 3.5%. The compound annual growth rate (CAGR) over this period suggests an average annual increase of approximately 4.0%.

Future trends to watch for include:

  • Potential shifts in consumer preferences towards larger packaging or premium products.
  • Regulatory changes impacting import levels.
  • Economic fluctuations that could affect spending power and consumption patterns in China.
  • Increasing global focus on sustainability could impact packaging and transport costs.

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