Forecast: Beer Export Volume in India

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.

Top Countries about Beer