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

In 2023, the import value of Vermouth and Other Flavoured Grape Wines in packs greater than 2L to Italy stood at $310.15 thousand. The forecast from 2024 to 2028 shows a consistent decline, with values decreasing from $299.34 thousand in 2024 to $261.4 thousand by 2028. The year-on-year decrease averages about 3.2% annually, with a cumulative average growth rate (CAGR) of -4.12% over the 5-year period.

Future trends to watch for include:

  • Fluctuations in global grape wine production and supply chain dynamics.
  • Changes in Italian consumer preferences and potential shifts towards local wine production.
  • Potential regulatory changes affecting import tariffs and trade agreements.

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