Vermouth Market

Vermouth market: get the most recent info secured by an Ai-driven market intelligence tool. Facts and figures contain imports, companies, market prices, trade, market size, production, consumption, and exports. There is a breakdown by region, including the U.K., Russia, Latin America, the U.S., EU, China, the Middle East, and Africa. Market insights and outlook to 2030 are also provided in the snapshots.


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Vermouth - World's Largest Markets

RatingCountry
1China
2United States
3Japan
4India
5United Kingdom

In value terms, China, the United States and Japan appeared to be the countries with the highest levels of market value in 2020, together accounting for 37% of the global market. These countries were followed by India, the UK, Bangladesh, Indonesia, Germany, Brazil, Spain, France, Italy and Ethiopia, which together accounted for a further 28%.

India saw the highest rates of growth with regard to market size, among the main consuming countries over the period under review, while vermouth market for the other global leaders experienced more modest paces of growth.

Vermouth Prices

Lowest Prices - FOB - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
USD per litre
Spain1.51.51.4-3.5%
Germany1.91.71.7-4.7%
Italy1.91.91.8-2.5%
Latvia2.92.92.8-1.5%
United States1.91.93.230.9%
France2.633.413.6%
Jamaica4.85.15.24.5%
Average222.12.8%

There were significant differences in the average prices amongst the major exporting countries. In 2020, the country with the highest price was Jamaica ($5.2 per litre), while Spain ($1.4 per litre) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the United States, while the other global leaders experienced more modest paces of growth.

Highest Prices - CIF - Top Importers

COUNTRY201820192020CAGR,
2018-2020
USD per litre
United States4.34.43.7-8.0%
Spain3.23.43.43.8%
Netherlands1.92.32.411.1%
Russia2.61.62.3-6.6%
Germany22.22.25.6%
Portugal1.92.22.17.3%
Austria22.12.14.4%
Latvia2.51.91.9-11.1%
Poland2.31.81.8-10.6%
United Kingdom1.61.51.86.5%
Belgium1.71.61.5-6.0%
Czech Republic1.81.51.5-9.1%
France1.61.41.5-3.1%
Average2.32.32.41.2%

There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was the United States ($3.7 per litre), while France ($1.5 per litre) was amongst the lowest.

From 2018 to 2020, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other global leaders experienced more modest paces of growth.

Vermouth - Top Importers

COUNTRY201820192020CAGR,
2018-2020
million USD
United States10912019834.9%
Germany4645549.2%
Spain536245-8.1%
France494543-6.5%
Russia2834303.3%

In value terms, the United States ($198M) constitutes the largest market for imported vermouth worldwide, comprising 29% of global imports. The second position in the ranking was occupied by Germany ($54M), with a 8% share of global imports. It was followed by Spain, with a 6.7% share.

In the United States, vermouth imports increased at an average annual rate of +34.9% over the period from 2018-2020. In the other countries, the average annual rates were as follows: Germany (+9.2% per year) and Spain (-8.1% per year).

Vermouth - Top Exporters

COUNTRY201820192020CAGR,
2018-2020
million USD
Italy2102272222.7%
France56748825.6%
Spain957477-10.0%
Germany554949-5.6%
United States13123361.0%

In value terms, Italy ($222M) remains the largest vermouth supplier worldwide, comprising 39% of global exports. The second position in the ranking was occupied by France ($88M), with a 15% share of global exports. It was followed by Spain, with a 13% share.

From 2018 to 2020, the average annual rate of growth in terms of value in Italy stood at +2.7%. The remaining exporting countries recorded the following average annual rates of exports growth: France (+25.6% per year) and Spain (-10.0% per year).

Vermouth - Market Forecast

Driven by increasing demand for vermouth worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of for the period from 2020 to 2030, which is projected to bring the market volume to by the end of 2030.

Vermouth - Product Coverage

  • HS 220510 - Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers holding 2 litres or less
  • HS 220590 - Vermouth and other wine of fresh grapes, flavoured with plants or aromatic substances, in containers holding more than 2 litres
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World - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the global vermouth market.

Africa - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Africa.

Northern America - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Northern America.

Southern Asia - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Southern Asia.

Latin America and the Caribbean - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Latin America and the Caribbean.

Eastern Asia - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Eastern Asia.

South-Eastern Asia - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in South-Eastern Asia.

Central Asia - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Central Asia.

Middle East - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in the Middle East.

Australia and Oceania - Vermouth - Market Analysis, Forecast, Size, Trends and Insights
$499

This report provides an in-depth analysis of the vermouth market in Australia and Oceania.

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