In 2023, Italy led the global export of vermouth and other flavored grape wines in packs of less than 2L, followed by Spain and France. Despite Italy's slight decline (-0.44%), Spain had a modest increase (0.59%), while France saw a notable rise (2.35%). The United States experienced the most significant growth among top exporters (5.72%), driven by increased demand. In contrast, the UK and Argentina saw the steepest declines, reflecting shifting market dynamics.
Future trends to watch include growing demand in non-traditional markets and fluctuating consumer preferences towards flavored grape wines, which may influence global trade patterns and production strategies.
Top countries in Export of Vermouth and Other Flavoured Grape Wines in the Pack Less Than 2L by Country
| # | 10 Countries | US Dollars | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 197,310,000 | 2023 | +0.45% | -0.44% | View data |
| 2 | 2 Spain | 83,592,000 | 2023 | +1.2% | +0.59% | View data |
| 3 | 3 France | 62,474,000 | 2023 | +3.26% | +2.35% | View data |
| 4 | 4 Germany | 55,997,000 | 2023 | +1.65% | +1.38% | View data |
| 5 | 5 United States | 36,186,000 | 2023 | +5.1% | +5.72% | View data |
| 6 | 6 Belgium | 12,065,000 | 2023 | +1.75% | -1.22% | View data |
| 7 | 7 Finland | 10,358,000 | 2023 | +4.79% | +5.67% | View data |
| 8 | 8 Latvia | 8,846,700 | 2023 | +3.89% | +3.4% | View data |
| 9 | 9 South Africa | 4,657,100 | 2023 | +3.13% | +4.91% | View data |
| 10 | 10 Netherlands | 4,471,200 | 2023 | -0.86% | +1.02% | View data |