Forecast: Import of Vermouth and Other Flavoured Grape Wines in the Pack Less Than 2L to India

In 2023, India imported Vermouth and other flavored grape wines in packs less than 2L valued at 110.5 thousand US dollars. From 2024 onwards, the forecast indicates a steady increase, with a year-on-year growth rate of 1.6% annually, reaching 120.21 thousand US dollars by 2028. The five-year compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.87%.

Future trends to watch for include:

  • Growing consumer interest in premium and exotic flavored wines, which could drive import demand.
  • Potential fluctuation in import prices due to international trade policies and currency exchange rates.
  • Increased competition from local winemakers producing similar flavored wines.

Top Countries about Wine