The wine import volume in India stood at a lower value in 2023, underlining a growth trend entering 2024 with a projected value of 5.17 thousand metric tons. The data shows a steady year-on-year growth, with the forecasted volume increasing gradually to reach 5.59 thousand metric tons by 2028. Over this five-year span, a consistent upward trajectory is evident, indicating moderate yet stable growth in wine imports, reflecting a CAGR that highlights an average annual increase over this period.

Future trends to watch for:

Changing consumer preferences towards premium and diverse wine selections.
Potential impacts of regulatory changes and import tariffs.
Growth in wine consumption driven by rising disposable incomes among middle-class consumers.