In 2023, Brazil imported 12.65 million kilograms of Gin and Geneva. From 2024, the forecast shows a consistent upward trend, with imports projected to increase by approximately 5.7% in 2025, 5.3% in 2026, 4.9% in 2027, and 4.6% in 2028. This results in an expected compound annual growth rate (CAGR) of 5.1% from 2024 to 2028. Such growth suggests a steady increase in demand for these spirits in Brazil.
Future trends to watch include changes in consumer preferences that might shift towards premium spirits, impacting the volume of imports. Additionally, trade policy changes or currency fluctuations could influence the market dynamics significantly.
