In 2023, Italy led the global export of vermouth and other flavoured grape wines in the pack less than 2L, followed by Spain and Germany. Italy experienced a slight decline of 0.3% year-on-year, whereas Spain and France saw increases of 1.5% and 1.95%, respectively. Emerging countries like Slovakia showed remarkable growth with Slovenia at 30.68% and Hungary at 11.81%. Meanwhile, countries like Belgium and Lithuania faced declines. Notable performers included Mauritius and Ecuador, exhibiting surges of 44.68% and 84.17%, respectively, while Croatia experienced a significant drop of 45.97%.
Looking ahead, market trends will focus on the growing demand for premium and craft vermouth, driven by the cocktail culture resurgence and expanding middle-class in emerging markets. As sustainability and environmental considerations influence consumer behavior, countries investing in eco-friendly packaging and organic production are poised for enhanced export performance.
Top countries in Export of Vermouth and Other Flavoured Grape Wines in the Pack Less Than 2L by Country
| # | 10 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 104,870,000 | 2023 | -0.2% | -0.3% | View data |
| 2 | 2 Spain | 55,627,000 | 2023 | +0.48% | +1.5% | View data |
| 3 | 3 Germany | 27,882,000 | 2023 | +0.46% | +0.62% | View data |
| 4 | 4 France | 25,621,000 | 2023 | +4.18% | +1.95% | View data |
| 5 | 5 South Africa | 4,090,500 | 2023 | +5.16% | +6.7% | View data |
| 6 | 6 Finland | 4,064,800 | 2023 | +5.11% | +5.99% | View data |
| 7 | 7 Latvia | 3,214,500 | 2023 | +4.46% | +4.44% | View data |
| 8 | 8 Belgium | 2,776,600 | 2023 | -0.54% | -3.94% | View data |
| 9 | 9 United States | 2,143,200 | 2023 | +1.36% | +1.78% | View data |
| 10 | 10 Bulgaria | 1,286,200 | 2023 | -7.4% | -8.73% | View data |