The import volume of beer in India witnessed a varying trend historically, starting with a modest 5.0 thousand metric tons in 2014, peaking at 14.0 thousand metric tons in both 2022 and 2023, with notable fluctuations in between. The import volume experienced significant year-on-year variations, including a sharp 85.71% increase in 2018 and a notable decline of 36.36% in 2017. In recent years, the volume has shown stabilization, staying at 14.0 thousand metric tons in 2023, registering a 0% year-on-year growth and a CAGR of 1.49% over the last five years.
Looking ahead, forecasted data indicates a steady increase in beer imports, with the volume expected to reach 16.74 thousand metric tons by 2028, reflecting a 14.11% growth rate and a projected 5-year CAGR of 2.68%. Future trends to watch for include changing consumer preferences, regulatory adjustments, and economic factors impacting purchasing power, which could influence the import volume dynamics.
