March 28, 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 preparing for growth, with an annual annual growth rates +2.2 % and +4.3 % from 2024 to 2035. This will lead to the market size of 1.4B liters and a market value of 6.9 billion dollars by the end of 2035, reflecting the increasing demand for wine in the country.
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 +2.2 % 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 +4.3 % expected for the period from 2024 to 2035, which is expected to reach the market value of $ 6.9 billion (in nominal wholesale prices) by the end of 2035.
consumption
UK consumption of wine
In 2024, the amount of wine consumed in the United Kingdom increased to 1.1B liters, and increased by 31 % in the previous year. In general, consumption record, however, a moderate reduction record. The consumption of wine reached its climax at 1.4B liters in 2015; However, from 2016 to 2024, consumption was stopped at some extent.
The size of the UK's wine market decreases modestly to $ 4.4 billion in 2024, standing almost. In 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 continues to refer to the relatively flat direction style. During the period under review, the market achieved a peak level at $ 4.4 billion in 2023, and then decreased modestly the following year.
production
UK wine production
In 2024, the UK's wine production increased to 1.3 million liters, which increased by 3.2 % in 2023. However, production continues to indicate a sudden contraction. The most prominent growth rate was recorded in 2014 when the production volume increased by 96 % against the previous year. Over the course of the period, production achieved the maximum volume at 17 million liters in 2015; However, from 2016 to 2024, production was stopped at a fairly lower number.
In terms of value, wine production increased sharply to $ 19 million in 2024, estimated at the export price. During the period under review, production continues to indicate a sudden decrease. The most prominent growth rate was recorded in 2014 when the production volume increased by 93 %. The production of wine reached its climax at $ 150 million in 2015; However, from 2016 to 2024, production failed to restore momentum.
Imports
Wine imports in the United Kingdom
In 2024, wine imports to the United Kingdom rose to 1.1B liter, with an increase of 29 % in the previous year. During the period under review, imports saw a clear decrease. The imports reached their climax at 1.5B liters in 2015; However, from 2016 to 2024, imports failed to restore momentum.
In terms of value, wine imports contracted to $ 4.8 billion in 2024. However, imports recorded relatively flat direction. The growth pace was the most obvious in 2021 when imports increased by 8.7 %. During the period, imports reached record levels at $ 5 billion in 2023, and then decreased the following year.
Imports by the country
Italy was (219 meters), Australia (182 meters) and France (161 meters) of the main suppliers of the United Kingdom, with 50 % of total imports. Spain, Chile, South Africa, New Zealand, Argentina, Germany and the United States have somewhat left, including another 43 %.
From 2013 to 2024, the largest increases were recorded for Argentina (with an annual growth rate of +9.4 %), while purchases of other leaders witnessed mixed trend patterns.
In terms of value, the largest wine suppliers in the United Kingdom were France ($ 1.7 billion), Italy ($ 1.1 billion) and Spain ($ 399 million), with a share of 67 % of total imports. New Zealand, Australia, Chile, the United States, South Africa, Argentina and Germany left some extent, as it is 28 %.
Argentina, which reached an annual +5.6 % complex growth rate, recorded the highest growth rate of imports, among the main suppliers during the period under review, while purchases of other leaders witnessed more modest steps of growth.
Imports by type
In 2024, wine of fresh grapes (except for sparkling wine) (958 meters) formed the largest type of wine of the United Kingdom, with a share of 86 % of total imports. Moreover, wine from fresh grapes (except for sparkling wine) exceeded the numbers recorded in the second largest type, sparkling wine (159 meters), six times.
From 2013 to 2024, the average annual growth rate in terms of wine volume of fresh grapes (except for sparkling wine) was 2.6 %.
In terms of value, wine from fresh grapes (except for sparkling wine) ($ 3.5 billion) 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 ($ 1.2 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) -1.4 %.
Importing prices by type
In 2024, the average wine import price reached $ 4.3 per liter, which reduces -26.7 % for the previous year. During the period under review, the import price indicated a slight expansion from 2013 to 2024: its price increased by an average annual rate of +1.7 % over the past 11 years. 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 +38.0 % against 2020 indicators. The growth pace appeared faster in 2021, an increase of 49 %. During the period under review, the average import rates reached the highest record at $ 5.8 per liter in 2023, and then quickly 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 of fresh grapes (except for sparkling wine) reached $ 3.7 per liter.
From 2013 to 2024, the most prominent rate of growth in terms of prices through wine of fresh grapes (+1.2 %) was achieved.
Importing prices by country
The average wine import price reached $ 4.3 per liter in 2024, and decreased by -26.7 % compared to the previous year. In general, the import price indicated a slight expansion from 2013 to 2024: its price increased by an average annual rate of +1.7 % during 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 +38.0 % against 2020 indicators. The growth pace looked most in 2021, an increase of 49 % against the previous year. The import price reached its peak at $ 5.8 per liter in 2023, and then decreased dramatically the following year.
Prices varied significantly according to the country of origin: among the top importers, the country with the highest price was the United States ($ 18 per liter), while the price of Australia ($ 1.6 per liter) was among the lowest level.
From 2013 to 2024, the most prominent rate of price growth by the United States (+22.0 %) was achieved, while the prices of other main suppliers have witnessed more modest growth steps.
exports
UK exports of wine
In 2024, external shipments of wine decreased by 37.9 % to 17 million liters, and decreased for the sixth year in a row after two years of growth. During the period under review, exports showed deep shrinkage. The most prominent growth rate was recorded in 2017, an increase of 20 % against the previous year. Exports reached their climax at 135 million liters in 2018; However, from 2019 to 2024, exports failed to restore momentum.
In terms of value, wine exports significantly decreased to $ 405 million in 2024. In general, exports showed a remarkable decrease. The most prominent growth rate was recorded in 2018, an increase of 14 % against the previous year. Exports reached their peak at $ 836 million in 2019; However, from 2020 to 2024, exports failed to restore momentum.
Exports by country
Ireland (4.6 million liters), Hong Kong Sar (3.7 million liters) and Denmark (1.8 meters) are the main destinations for the UK wine exports, with a 60 % stake combined of total exports. The Netherlands, France, Poland, Spain, Belgium, Sweden, Lithuania and Germany have somewhat left, representing another 39 %.
From 2013 to 2024, the most prominent rate of growth in terms of shipments was achieved, among the main countries of the destination, by Lithuania (with an annual growth rate of +10.7 %), while other leaders witnessed a decrease.
In terms of value, Hong Kong Sar ($ 113 million) remains the main foreign market for wine exports from the United Kingdom, which includes 28 % of total exports. France ranked second in the standings ($ 30 million), with 7.4 % of the total exports. It was followed by Belgium, with a 4.5 % stake.
From 2013 to 2024, the average annual growth rate of value to Hong Kong was SAR -6.7 %. Exports to other major destinations recorded the following average export growth rates: France (-8.1 % per year) and Belgium (-1.1 % annually).
Exports by type
The wine of fresh grapes (except for sparkling wine) (15 meters) was the largest type of exported wine from the United Kingdom, with a share of 89 % of the total exports. Moreover, wine exceeded fresh grapes (except for sparkling wine) the size of the second product type, sparkling wine (1.8 meters), eight times.
From 2013 to 2024, the average annual growth rate in terms of the volume of wine of fresh grapes (except for sparkling wine) -15.7 %.
In terms of value, wine of fresh grapes (except for sparkling wine) ($ 337 million) is still the largest type of exported wine from the United Kingdom, and it consists of 83 % of total exports. The second place was taken in the arrangement by sparkling wine ($ 68 million), with a share of 17 % of the total exports.
From 2013 to 2024, the average annual growth rate in terms of the value of the wine of fresh grapes (except for sparkling wine) was 5.9 %.
Export prices by type
The average wine export price reached $ 24 per liter in 2024, as it increased by 4.4 % against the previous year. In general, the export price witnessed a prosperous growth. The growth pace appeared faster in 2021 when the average export price increased by 134 %. During the period under review, the average export prices have achieved peak number in 2024 and are likely to witness fixed growth in the coming years.
Prices significantly divert depending on the type of product; The product that carries the highest price was sparkling wine ($ 38 per liter), while the average price of wine exports of fresh grapes (except for sparkling wine) reached $ 22 per liter.
From 2013 to 2024, the most prominent rate of growth in terms of prices for the following species was recorded: sparkling wine (+13.6 %).
Export prices by country
In 2024, the average wine export price reached $ 24 per liter, with an increase of 4.4 % for the previous year. In general, the export price continues to indicate a strong increase. The most prominent growth rate was recorded in 2021 when the average export price increased by 134 %. During the period under review, the average export rate has recorded record levels in 2024 and is likely to continue to grow directly.
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 of Belgium ($ 31 per liter) was, while the average export price to Lithuania ($ 2.1 per liter) was among the lowest level.
From 2013 to 2024, the most prominent growth rate for supplies to Belgium (+20.1 %) was recorded, while the prices of other major destinations have seen more modest growth steps.
Source: Indexbox Market Intelligence
