The wine market size volume per capita in Argentina is forecasted to show a slight decline from 22.99 kilograms per capita in 2024 to 22.73 kilograms per capita in 2028. Compared to 2023, this marks a consistent decrease.
- From 2024 to 2025: -0.3%
- From 2025 to 2026: -0.26%
- From 2026 to 2027: -0.31%
- From 2027 to 2028: -0.26%
The average annual decline over the five-year period (CAGR) is approximately -0.28%.
Future trends to watch for include changing consumer preferences towards premium and organic wines, potential impacts of climate change on grape harvests, and economic fluctuations affecting disposable income and consequently, wine consumption patterns. These factors could either mitigate or exacerbate the minor decline projected in the coming years.
