As of 2023, the import volume of vermouth and other flavoured grape wines packaged under 2L to Germany stood at approximately 18 million kilograms. The forecast for 2024 predicts a slight decline, with a continuation of this decreasing trend through to 2028. Over the forecasted period from 2024 to 2028, the year-on-year variation shows minimal decline each year, indicating a persistent but gradual reduction in import volumes.
This equates to an estimated CAGR of about -0.4% from 2024 through 2028, representing this gradual downward trajectory. The consistent decline suggests a potential reduction in demand or a shift in consumer preferences in Germany.
Future trends to watch include monitoring changes in consumer preferences towards lower alcohol consumption or variations in trade policies and tariffs that might further affect import volumes. Additionally, shifts towards locally produced alternatives or sustainability trends could continue to impact import patterns.
