India - Wine - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWine Price in India - 2023
Contents:
- Wine Price in India (CIF) - 2022
- Wine Price in India (FOB) - 2022
- Wine Imports in India
- Wine Exports in India
Wine Price in India (CIF) - 2022
In 2022, the average wine import price amounted to $3.4 per litre, shrinking by -19.2% against the previous year. Overall, the import price recorded a perceptible slump. The pace of growth was the most pronounced in 2014 an increase of 47%. The import price peaked at $5.9 per litre in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($28 per litre), while the price for Chile ($1.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+19.9%), while the prices for the other major suppliers experienced a decline.
Wine Price in India (FOB) - 2022
The average wine export price stood at $7.3 per litre in 2022, which is down by -9.3% against the previous year. Over the period under review, the export price, however, enjoyed measured growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 44%. The export price peaked at $8.8 per litre in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($17 per litre), while the average price for exports to Germany ($0.8 per litre) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+8.1%), while the prices for the other major destinations experienced more modest paces of growth.
Wine Imports in India
In 2022, wine imports into India surged to 7.4M litres, picking up by 33% on 2021. In general, imports posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 85%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, wine imports reached $25M in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 78%. Over the period under review, imports reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Wine in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 5.0 | 3.9 | 9.5 | 8.5 | 19.3% |
| Singapore | 5.1 | 1.3 | 2.0 | 3.8 | -9.3% |
| France | 4.0 | 2.2 | 2.6 | 3.5 | -4.4% |
| Italy | 2.0 | 2.0 | 3.4 | 3.4 | 19.3% |
| Chile | 1.1 | 0.9 | 1.7 | 1.6 | 13.3% |
| United Arab Emirates | 1.1 | 0.6 | 0.5 | 0.7 | -14.0% |
| United States | 0.7 | 0.4 | 0.8 | 0.7 | 0.0% |
| Spain | 0.7 | 0.4 | 0.8 | 0.7 | 0.0% |
| South Africa | 0.3 | 0.5 | 0.5 | 0.4 | 10.1% |
| Others | 1.7 | 0.9 | 1.7 | 1.6 | -2.0% |
| Total | 21.7 | 13.2 | 23.5 | 25.2 | 5.1% |
Top Suppliers of Wine to India in 2022:
- Australia (3335.0K litres)
- Chile (888.6K litres)
- Italy (868.8K litres)
- France (748.8K litres)
- Spain (392.7K litres)
- South Africa (174.4K litres)
- United States (173.6K litres)
- United Arab Emirates (158.5K litres)
- Singapore (139.4K litres)
Wine Exports in India
In 2022, after two years of decline, there was significant growth in shipments abroad of wine, when their volume increased by 40% to 753K litres. Overall, exports, however, showed a abrupt slump. The exports peaked at 980K litres in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, wine exports surged to $5.5M in 2022. Over the period under review, exports, however, recorded a deep downturn. The exports peaked at $8.4M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Wine in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3,355 | 1,157 | 1,044 | 1,688 | -20.5% |
| Singapore | 1,138 | 1,094 | 1,451 | 1,366 | 6.3% |
| Hong Kong SAR | 576 | 1,150 | 863 | 1,041 | 21.8% |
| France | 558 | 348 | 116 | 225 | -26.1% |
| Australia | 625 | 50.4 | 50.5 | 217 | -29.7% |
| Japan | 394 | 190 | 134 | 197 | -20.6% |
| United States | 168 | 169 | 161 | 155 | -2.6% |
| Sri Lanka | 408 | 19.4 | 71.6 | 136 | -30.7% |
| United Kingdom | 295 | 88.8 | 101 | 109 | -28.2% |
| Spain | 125 | 125 | 62.7 | 97.6 | -7.9% |
| United Arab Emirates | 62.3 | 137 | 19.0 | 43.4 | -11.4% |
| Germany | 33.2 | 30.4 | 26.1 | 17.9 | -18.6% |
| Ghana | 8.6 | 39.1 | 14.8 | 12.1 | 12.1% |
| Others | 628 | 174 | 189 | 169 | -35.4% |
| Total | 8,373 | 4,772 | 4,304 | 5,473 | -13.2% |
Top Export Markets for Wine from India in 2022:
- Singapore (148.6K litres)
- Hong Kong SAR (128.7K litres)
- Netherlands (99.7K litres)
- France (62.1K litres)
- Japan (47.8K litres)
- Australia (43.4K litres)
- United Kingdom (40.8K litres)
- United States (32.0K litres)
- Spain (27.6K litres)
- United Arab Emirates (21.6K litres)
- Germany (21.5K litres)
- Sri Lanka (13.2K litres)
- Ghana (13.1K litres)
This report provides an in-depth analysis of the wine market in India. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- FCL 564 - Wine
Country coverage:
- India
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in India
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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The value of total imports on the global wine market in 2015 stood at X million USD. There was an annual increase of +X% for the period from 2007 to 2015. In physical terms, wine imports reached X million liters in 2015, X million liters
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France seized control of the wine market. In 2014, France exported X million litres of wine totaling X USD, X% under the previous year. Its primary trading partner was the United Kingdom, where it supplied X% of its total wine exports in valu
