U.S. Wine, Brandy, And Brandy Spirits Market. Analysis And Forecast to 2025
Update: COVID-19 Impact
Trade Deficit In U.S. Wine, Brandy, And Brandy Spirits Market Continues Growing
The U.S. is the leader in global imports of wine, brandy, and brandy spirits, accounting for a X% share (based on USD). It was followed by the UK (X%), Germany (X%), Canada, and China (X% each). In 2015, U.S. wine, brandy, and brandy spirits imports totaled X billion USD, which was X million USD (X%) more than the year before.
From 2007 to 2015, imports of wine, brandy, and brandy spirits in the U.S. showed mixed dynamics. A significant drop in 2009 was followed by recovery growth over the next six years, with an average annual increase of +X% throughout the analysed period.
Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.
France, Italy, and Mexico were the main suppliers of wine, brandy, and brandy spirits into the U.S., with a combined share of X% of total U.S. imports in 2015. From 2007 to 2015, Mexico increased its imports into the U.S. by +X percentage points. By contrast, France saw its share in the U.S. import structure reduced by -X%.
From 2007 to 2015, the U.S. was a net importer of wine, brandy, and brandy spirits. Before 2010, net imports of wine, brandy, and brandy spirits in the U.S. showed a positive trend. However, net imports have been demonstrating an upward trend since 2010, with the trade deficit reaching X billion USD in 2015, at approximately X% of gross imports.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for wine and brandy spirit in the U.S.. 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 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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