April 21, 2025
Indexbox just has just published a new report: UNIDON KINIDOM – WINE – Market Analysis, prediction, size, trends and visions.
The UK's wine market is scheduled to test in both size and value over the next decade, driven by increasing demand. With an expected annual annual growth rate of +2.5 % for size and +4.1 % for value from 2024 to 2035, the market is expected to expand dramatically by the end of 2035.
Market expectations
Payed by the increasing demand for wine in the UK, the market is expected to start in ascending consumption over the next decade. The market performance is expected to increase slightly, with an annual growth rate of +2.5 % expected for the period from 2024 to 2035, which the market size is expected to reach 1.4B liters by the end of 2035.
In terms of value, the market is expected to increase with an annual growth rate of +4.1 % expected for the period from 2024 to 2035, which is expected to reach the market value of $ 6.8 billion (in nominal wholesale prices) by the end of 2035.
consumption
UK consumption of wine
In 2024, the UK's wine consumption increased to 1.1B liter, an increase of 28 % compared to the previous year number. In general, consumption saw a moderate descent. The consumption of wine reached its climax at 1.4B liters in 2015; However, from 2016 to 2024, consumption remained in a lower number.
The size of the wine market in the United Kingdom increased to $ 4.4 billion in 2024, when it jumped 27 % against the previous year. This number reflects the total revenues of producers and importers (except for the costs of logistics services, retail marketing costs, and retail margins, which will be included in the final consumer price). During the period under review, consumption showed a relatively flat direction style. The consumption of wine reached its peak at $ 4.5 billion in 2022; However, from 2023 to 2024, consumption stopped at some extent less.
production
UK wine production
UK wine production expanded to 1.3 million liters in 2024, growing 3.2 % in the previous year. In general, production witnessed a deep drop. The growth pace was the most faster in 2014 with an increase of 96 %. The production of wine reached its climax at 17 million liters in 2015; However, from 2016 to 2024, production remained in a lower number.
In terms of value, wine production expanded to $ 29 million in 2024 estimated at the export price. During the period under review, production showed a sudden stagnation. The most prominent growth rate was recorded in 2021 when the production volume increased by 155 % against the previous year. During the period under review, production recorded the highest record at $ 103 million in 2014; However, from 2015 to 2024, production was stopped at a fairly lower number.
Imports
Wine imports in the United Kingdom
In 2024, wine imports to the United Kingdom rose to 1.1B liter, jumped by 26 % against the previous year. During the period under review, imports recorded a remarkable decrease. The most prominent growth rate was recorded in 2020 when imports increased by 27 %. During the period under review, imports achieved the highest record in a liter 1.5B in 2015; However, from 2016 to 2024, imports remained in a number less.
In terms of value, wine imports modestly contracted to $ 5 billion in 2024. The imports saw the relatively flat direction style. The growth pace was the most obvious in 2021 when imports increased by 8.7 % against the previous year. During the period, imports reached record levels at $ 5 billion in 2023, and then decreased slightly the following year.
Imports by the country
Italy was (272 meters), Australia (163 meters) and France (142 meters) of the main suppliers of wine imports to the United Kingdom, with a share of 52 % of total imports. Spain, Chile, South Africa, New Zealand, the United States and Germany are somewhat late, which includes another 40 %.
From 2013 to 2024, the largest increases for New Zealand (with an annual growth rate of +3.6 %), while the purchases of other leaders witnessed a decrease.
In terms of value, the largest wine suppliers in the United Kingdom were France ($ 1.8 billion), Italy ($ 1.2 billion) and Spain ($ 435 million), with a share of 69 % of total imports.
Italy, which reached an annual growth rate of +3.3 %, recorded the highest growth rate for imports, among the main suppliers during the period under review, while purchases of other leaders witnessed more growth steps.
Imports by type
In 2024, wine of fresh grapes (except for sparkling wine) (935 meters) formed the largest type of wine of the United Kingdom, which represents a share of 85 % of total imports. Moreover, wine from fresh grapes (except for sparkling wine) exceeded the numbers recorded in the second largest type, sparkling wine (167 meters), six times.
From 2013 to 2024, the average annual growth rate in terms of the volume of wine of fresh grapes (except for sparkling wine) -2.8 %.
In terms of value, wine from fresh grapes (except for sparkling wine) ($ 3.7 billion) is the largest type of wine of the United Kingdom, and includes 74 % of total imports. The second place was taken in the arrangement by sparkling wine ($ 1.3 billion), with a share of 26 % of the total imports.
From 2013 to 2024, the average annual growth rate of wine of fresh grapes (with the exception of sparkling wine imports) was 1.0 %.
Importing prices by type
The average wine import price was $ 4.5 per liter in 2024, a decrease of -21.7 % against the previous year. In general, the import price indicated a significant expansion from 2013 to 2024: its price increased at an annual average +2.2 % over the past eleven. However, the direction pattern indicated some noticeable fluctuations that are recorded during the analysis period. According to 2024 numbers, the price of importing wine increased by +46.6 % against 2020 indicators. The most prominent growth rate was recorded in 2021, an increase of 48 %. During the period under review, the average import rates reached the maximum of $ 5.8 per liter in 2023, and then he significantly contracted the following year.
Prices significantly divert depending on the type of product; The product that carries the highest price was sparkling wine ($ 7.8 per liter), while the price of wine is from fresh grapes (except for sparkling wine) reached 4 dollars per liter.
From 2013 to 2024, the most prominent rate of growth in terms of prices through wine of fresh grapes (+1.9 %) was achieved.
Importing prices by country
In 2024, the average wine import price reached $ 4.5 per liter, and decreased by -21.7 % compared to the previous year. In general, the import price referred to moderate growth from 2013 to 2024: its price increased at an annual average +2.2 % over the past eleven period. However, the direction pattern indicated some noticeable fluctuations that are recorded during the analysis period. Depending on 2024 numbers, the price of importing wine increased by +46.6 % against 2020 indicators. The growth pace looked most faster in 2021 when the average import price increased by 48 %. The import price reached its climax at $ 5.8 per liter in 2023, then decreased significantly the following year.
Prices varied significantly according to the country of origin: among the top importers, the country with the highest price was France ($ 13 per liter), while the price of Australia ($ 1.8 per liter) was among the lowest prices.
From 2013 to 2024, the most prominent rate of price growth by the United States (+4.2 %) was achieved, while the prices of other main suppliers have witnessed more modest growth.
exports
UK exports of wine
In 2024, external shipments of wine decreased by -20.3 % to 22 million liters, and in the sixth year in a row after two years of growth. During the period under review, exports faced a deep decrease. The growth pace was the most faster in 2017 with an increase of 22 %. During the period under review, exports reached record levels in 136 million liters in 2018; However, from 2019 to 2024, exports stood in a fairly lower number.
In terms of value, wine exports significantly contracted to $ 491 million in 2024. In general, exports showed tangible slowdown. The growth pace looked the most faster in 2018 when exports increased by 14 %. Exports reached their peak at $ 836 million in 2019; However, from 2020 to 2024, exports stood in a fairly lower number.
Exports by country
Ireland (7.8 meters) was the main destination for wine exports from the UK, with a 35 % stake in total exports. Moreover, wine exports to Ireland exceeded the volume sent to the second main destination, France (1.5 meters), five times. Poland (1.3 m liters) ranked third in terms of total exports with a 5.7 % stake.
From 2013 to 2024, the average annual growth rate to Ireland was 5.2 %. Exports to other major destinations have been recorded the following average export growth rates: France (-20.0 % per year) and Poland (+0.8 % a year).
In terms of value, the United States ($ 134 million) and Hong Kong Sar seemed ($ 111 million) and France (39 million dollars) is the largest market for exported wine from the United Kingdom worldwide, with a combined share of 58 % of total exports. Ireland, Denmark, Belgium, Netherlands, United Arab Emirates, Germany, Poland, Spain, Latvia and Sweden have somewhat left, including another 15 %.
Among the main countries of the destination, Latvia, which has an annual age manager's age, witnessed the highest growth rates in terms of exports, during the period under review, while the shipments of other leaders witnessed more modest lines of growth.
Exports by type
The wine of fresh grapes (except for sparkling wine) (20 meters) was the largest type of exported wine from the United Kingdom, which represents 92 % of the total exports. Moreover, wine exceeded fresh grapes (except for sparkling wine) size of the second product type, sparkling wine (1.9 meters), more than ten times.
From 2013 to 2024, the average annual growth rate of the volume of wine of fresh grapes (with the exception of sparkling wine) by -13.5 %.
In terms of value, wine of fresh grapes (except for sparkling wine) ($ 424 million) remains the largest type of exported wine from the United Kingdom, and includes 86 % of total exports. The second place was ranked in the ranking through the sparkling wine ($ 67 million), with a 14 % stake in the total exports.
From 2013 to 2024, the average annual growth rate of the value of the wine of fresh grapes (except for sparkling wine) -3.9 %.
Export prices by type
In 2024, the average wine export price reached $ 22 per liter, and remains fixed for the previous year. In general, the export price has a prosperous increase. The growth pace appeared faster in 2021 when the average export price increased by 124 %. During the period under review, the average export prices achieved peak number at $ 23 per liter in 2023, and then decreased the following year.
There were major differences in the average prices of the main types of exported products. In 2024, the product that carries the highest price was sparkling wine ($ 36 per liter), while the average price of wine exports of fresh grapes (except for sparkling wine) was $ 21 per liter.
From 2013 to 2024, the most prominent rate of growth in terms of prices was recorded for the following types: sparkling wine (+12.9 %).
Export prices by country
The average wine export price reached $ 22 per liter in 2024, standing almost. In the previous year. In general, the export price recorded a prominent expansion. The growth pace was the most obvious in 2021 when the average export price increased by 124 % against the previous year. The export price reached its peak at $ 23 per liter in 2023, then decreased modestly the following year.
There were major differences in the average price of the main foreign markets. In 2024, among the top suppliers, the country with the highest price was Hong Kong Sar ($ 163 per liter), while the average export price to Poland ($ 2.7 per liter) was among the lowest level.
From 2013 to 2024, the most prominent rate of price growth for supplies to Hong Kong (+23.7 %) was recorded, while the prices of other major destinations have seen more modest growth steps.
Source: Indexbox Market Intelligence