March 7, 2025
Indexbox just has just published a new report: UNIDON KINIDOM – WINE – Market Analysis, prediction, size, trends and visions.
Panked by high demand, the UK's wine market is expected to suffer a slight increase in performance during the period from 2024 to 2035. The market size is expected to have an annual growth rate of +2.2 %, while the market value is expected to be CAGR +4.3 %.
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, when it jumped by 31 % on the number of the previous year. In general, consumption record, however, record a slight decrease. During the period under review, consumption achieved the maximum volume at 1.4B liters in 2015; However, from 2016 to 2024, consumption failed to restore momentum.
The value of the wine market in the UK decreased modestly to $ 4.4 billion in 2024, and therefore, it remained relatively stable 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). In general, consumption saw a relatively flat direction style. During the period, the market has recorded record levels at $ 4.4 billion in 2023, and then decreased the following year.
production
UK wine production
In 2024, approximately. 1.3 m liter of wine was produced in the UK. It rises by 3.2 % compared to 2023 numbers. In general, production showed a sudden contraction. The most prominent growth rate was recorded in 2014, an increase of 96 %. During the period under review, production recorded the highest record in 17 million liters in 2015; However, from 2016 to 2024, production failed to restore momentum.
In terms of value, wine production was $ 19 million in 2024 estimated at the export price. During the period under review, production continues to indicate a sudden shrinkage. 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 remained in a lower number.
Imports
Wine imports in the United Kingdom
In 2024, approximately. 1.1ply a liter of wine was imported in the UK. It rises by 29 % over the previous year. During the period under review, imports showed a clear descent. The imports reached their climax at 1.5B liters in 2015; However, from 2016 to 2024, imports remained in a number less.
In terms of value, wine imports fell to $ 4.8 billion in 2024. However, imports showed a relatively flat direction style. The most prominent growth rate was recorded in 2021 when imports increased by 8.7 %. During the period, imports reached the peak number 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 UK's wine imports, together represented 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 most prominent rate of growth in purchases was achieved among the main suppliers, by Argentina (with an annual +9.4 % annual growth rate), while imports for other leaders witnessed mixed trend patterns.
In terms of value, France ($ 1.7 billion), Italy ($ 1.1 billion) and Spain (399 million dollars) seemed to have been the largest wine suppliers for the United Kingdom, 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 growth rate of +5.6 %, recorded the highest growth rate for imports, in terms of main suppliers during the period under review, while purchases of other leaders witnessed more modest growth steps.
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 in terms of the value of wine of fresh grapes (except for sparkling wine) was 1.4 %.
Importing prices by type
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 growth from 2013 to 2024: its price has increased by an average annual rate of +1.7 % over the past eleven 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 was the most faster in 2021 when the average import price increased by 49 % against the previous year. The import price reached its peak at $ 5.8 per liter in 2023, then decreased sharply 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 total 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
In 2024, the average wine import price reached $ 4.3 per liter, and it decreased by -26.7 % for the previous year. During the period under review, the import price indicated a slight growth from 2013 to 2024: its price increased by an average annual rate of +1.7 % over the past eleven 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 was the most obvious in 2021, an increase of 49 % against the previous year. During the period under review, the average import prices reached the maximum of $ 5.8 per liter in 2023, and then decreased significantly the following year.
There were statistically significant differences in the average prices between the main countries to supply. In 2024, 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 rates.
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. In general, exports recorded a sudden stagnation. The growth pace appeared faster in 2017 with a 20 % increase. During the period under review, exports reached record levels at 135 million liters in 2018; However, from 2019 to 2024, exports remained in a lower number.
In terms of value, wine exports decreased significantly to $ 405 million in 2024. In general, exports witnessed a remarkable reduction. The most prominent growth rate was recorded in 2018 with a 14 % increase. 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 (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 behind, which include 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. The second place was taken in the ranking by France ($ 30 million), with a share of 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 by 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 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 ranked in the arrangement through the sparkling wine ($ 68 million), with a share of 17 % of 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) 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 has the prosperous expansion. The growth pace appeared faster in 2021, an increase of 134 %. During the period under review, the average export prices reached the peak number in 2024, and it is expected to maintain growth in the near future.
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 ($ 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, as it increased by 4.4 % against the previous year. In general, the export price saw 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 expected to maintain growth in the near future.
There were major differences in the average price of the main export 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
