Based on the forecasted data for wine consumption per capita in South Africa, expressed in liters of pure alcohol, the trend shows a slight decline over the years from 2024 to 2028. In 2024, wine consumption per capita is expected to be 1.2 liters, gradually decreasing to 1.17 liters by 2028. This represents a year-on-year decrease of approximately 0.83% between 2024 and 2025, with consistent declines of around 0.84% per year thereafter. Based on the CAGR analysis over these five forecasted years, the average annual decline is approximately 0.67%.
Future trends to watch for include potential changes in consumer preference, economic factors affecting disposable income, and shifts in market dynamics driven by local and international wine producers. Monitoring these factors will be crucial to understanding future consumption patterns and potential opportunities for market growth or further declines.
