The import of Vermouth and Other Flavoured Grape Wines in packages less than 2L to Italy is projected to increase steadily from 2024 through 2028, starting at 2.198 Million Kilograms in 2024 and reaching 2.2975 Million Kilograms by 2028. In 2023, the volume stood at 2.173 Million Kilograms. The year-on-year growth rates are anticipated to remain modest, hovering around 1.15% to 1.08%. The compound annual growth rate (CAGR) over the five-year forecast period is estimated to be approximately 1.1%.
Future trends to watch for include emerging consumer preferences for flavored wines and possible regulatory changes in imports. Additionally, shifts in international trade agreements and competitive pricing from other wine-producing countries could impact the import dynamics to Italy.
