The beer export volume from India has shown fluctuating trends from 2014 to 2023, standing at 52.0 thousand metric tons in 2023. Notable increases include 23.68% in 2016 and 22.89% in 2021, while significant drops such as -15.31% occurred in 2020. The most recent year-on-year growth of 1.96% in 2023 highlights continued expansion, with a 5-year CAGR of 2.04%.
Future trends to watch for include:
- Stabilization of export growth, with a forecasted 5-year CAGR of 1.22% from 2024 to 2028.
- Expected steady increase in annual export volumes, projecting to 56.2 thousand metric tons by 2028.
- Potential impacts from global economic shifts and domestic policy changes affecting the beer industry.