Analysis of the distilled alcoholic beverages export volume in India from actual data (2014-2023) indicates fluctuating growth. The 2023 volume stood at 69.0 thousand metric tons, showing a year-on-year increase of 2.99%. The most significant annual change occurred in 2018 with a 34% increase. Over the last five years, there has been an average growth (CAGR) of 0.59%.
Looking forward, forecasted data (2024-2028) expect the volume to reach 76.18 thousand metric tons by 2028, with an average annual growth rate (CAGR) of 1.59%. This suggests moderate yet steady growth ahead.
Future trends to watch for include potential impacts of international trade policies, consumer preferences shifts towards premium distilled beverages, and potential domestic production constraints due to regulatory or market-driven changes.