The global export of vermouth and other flavored grape wines in packages greater than 2L has been led by Spain with the highest volume, showing a year-on-year growth of 4.18% in 2023. France and the United States follow Spain, with France experiencing a slight decline of 2.14%, while the United States saw growth of 3.35%. Italy showed a significant downturn with a 16.38% decrease. Emerging positive trends include Finland with a notable 36.68% increase and Mauritius with a 16.64% rise. On average, countries have experienced varied five-year CAGRs with the highest growth in smaller markets.
Looking to the future, increasing consumer preference for premium and craft vermouth could drive up exports from traditional markets like Italy and France, despite their recent fluctuations. Additionally, rising demand in non-European markets may provide new opportunities for export growth globally. Sustainability and innovation in packaging could further impact market dynamics.
Top countries in Export of Vermouth and Other Flavoured Grape Wines in the Pack Greater Than 2L by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Spain | 15,705,000 | 2023 | +3.19% | +4.18% | View data |
| 2 | 2 France | 7,202,100 | 2023 | -1.29% | -2.14% | View data |
| 3 | 3 United States | 6,591,500 | 2023 | +3.57% | +3.35% | View data |
| 4 | 4 Italy | 2,992,700 | 2023 | -22.15% | -16.38% | View data |
| 5 | 5 Australia | 2,443,900 | 2023 | +5.84% | +7.72% | View data |
| 6 | 6 Germany | 2,223,800 | 2023 | +4.19% | +2.91% | View data |
| 7 | 7 South Africa | 430,830 | 2023 | +2.27% | +5.09% | View data |
| 8 | 8 Canada | 266,820 | 2023 | +4.91% | +5.32% | View data |
| 9 | 9 Austria | 252,540 | 2023 | +3.11% | +5.12% | View data |
| 10 | 10 Israel | 222,830 | 2023 | +5.47% | +1.8% | View data |
