The forecast for re-import of vermouth and other flavoured grape wines in packages less than 2L to Brazil shows a consistent growth trajectory from 2024 to 2028, increasing steadily from 1.45 to 1.69 thousand kilograms. In 2023, the value stood at 1.38 thousand kilograms, marking a conservative and stable growth pattern over the forecasted years. The year-on-year growth rate hovers around 4.1%, indicating a continuous positive trend, with a calculated CAGR of approximately 4.1% suggesting a consistent average annual growth rate.
Future trends to watch for include shifts in consumer preferences towards premium and artisanal vermouth variants, potential impacts of import tariffs, and economic conditions affecting disposable incomes. Additionally, watch for any changes in international trade agreements that could influence the cost-effectiveness of re-importing wine products.
