The forecasted export volume of alcoholic beverages in India shows a consistent decline from 2024 to 2028. In 2023, the actual export volume stood at 233.0 Thousand Metric Tons. From 2024, the volume is projected to decrease yearly, indicating a downward trend. Specifically, the year-on-year variation reveals a 0.7% drop from 2024 to 2025, a 0.7% decline from 2025 to 2026, a 0.7% reduction from 2026 to 2027, and a 0.7% decrease from 2027 to 2028. Over the five-year forecast period, the compound annual growth rate (CAGR) for the export volume shows an average yearly decline of 0.75%.
Future trends to watch for include:
- Potential impact of government policies on alcohol exports.
- Shifts in global demand for Indian alcoholic beverages.
- Effect of emerging markets and changing consumer preferences.
- Influence of economic factors such as trade tariffs and currency fluctuations.