As of 2023, the wine import volume in the US was approximately 1.22 million metric tons. The forecasted data suggests a gradual increase from 2024 to 2028, starting at 1.23 million metric tons in 2024 and reaching 1.26 million metric tons by 2028. The year-on-year change is modest, showing a trend of stability with a compound annual growth rate (CAGR) of about 0.4% over these five years.
Future trends to watch for include:
- Pandemic recovery impacts on global wine production and supply chains.
- Changing consumer preferences towards premium and sustainable wines.
- Potential trade policy changes affecting import tariffs and regulations.
- Economic factors influencing disposable income and demand for imported wines.
