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

As of 2023, Japan imported vermouth and other flavoured grape wines in packs greater than 2L valued at approximately 374.01 thousand US dollars. From 2024 to 2028, imports are forecasted to steadily increase from 379.48 to 397.48 thousand US dollars. This indicates a modest year-on-year growth, with an average compound annual growth rate (CAGR) of around 1.17%. This growth reflects a gradual increase in demand or price adjustments.

Future trends to watch for:

  • Shifts in consumer preferences towards larger pack sizes which may further boost import demand.
  • The impact of Japan's trade policies or fluctuations in global supply chains on import values.
  • Potential emerging competitors or alternative products in the Japanese market affecting demand.

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