IndexBox has just published a new report, the U.S. Wine, Brandy, And Brandy Spirits Market. Analysis And Forecast to 2025. Here is a summary of the report’s key findings.

The revenue of the wine and brandy spirit market in the U.S. amounted to $29.2B in 2018, increasing by 12% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final consumer price). Overall, the total market indicated a strong increase from 2013 to 2018: its value increased at an average annual rate of +3.7% over the last five year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the wine and brandy spirit consumption increased by +61.1% against 2013 indices.

The most prominent rate of growth was recorded in 2015, when the market value increased by 13% y-o-y. Wine and brandy spirit consumption peaked in 2018, and is expected to retain its growth in the near future.

Production of Wine, Brandy, And Brandy Spirits in the USA

In value terms, wine and brandy spirit production stood at $25.1B in 2018. In general, the total output indicated a strong increase from 2013 to 2018: its value increased at an average annual rate of +4.5% over the last five years. 

Exports from the USA

In 2018, the amount of wine, brandy, and brandy spirits exported from the U.S. amounted to 10K tonnes, growing by 11% against the previous year. Overall, the total exports indicated a strong increase from 2013 to 2018, rising with a CAGR of +6.5% over the last five years. In value terms, wine and brandy spirit exports totaled $23M (IndexBox estimates) in 2018.

Exports by Country

South Korea (1.8K tonnes), China (1.2K tonnes) and the UK (1K tonnes) were the main destinations of wine and brandy spirit exports from the U.S., with a combined 40% share of total exports. These countries were followed by Denmark, Panama, Spain, Japan, Sweden, Germany, China, Hong Kong SAR, Chile and France, which together accounted for a further 35%.

From 2013 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Denmark (+139.8% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for wine and brandy spirit exported from the U.S. were South Korea ($5.1M), China ($4M) and the UK ($2M), with a combined 48% share of total exports. 

Export Prices by Country

In 2018, the average wine and brandy spirit export price amounted to $2.3 per kg, surging by 17% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +6.1%.

Export prices varied noticeably by the country of origin; the country with the highest export price was Germany ($4.6 per kg), while the average price for exports to Panama ($979 per tonne) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of export prices was recorded for supplies to France (+18.9% per year), while the export prices for the other major destinations experienced more modest paces of growth.

Imports into the USA

In 2018, approx. 1.8M tonnes of wine, brandy, and brandy spirits were imported into the U.S.; rising by 1.7% against the previous year. In value terms, wine and brandy spirit imports amounted to $7.6B (IndexBox estimates) in 2018.

Imports by Country

Italy (644K tonnes), France (455K tonnes) and Spain (149K tonnes) were the main suppliers of wine and brandy spirit imports to the U.S., with a combined 70% share of total imports.

From 2013 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France (+8.0% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest wine and brandy spirit suppliers to the U.S. were France ($3.6B), Italy ($2B) and Spain ($393M), with a combined 79% share of total imports.

Import Prices by Country

The average wine and brandy spirit import price stood at $4.2 per kg in 2018, picking up by 4.5% against the previous year. Over the period from 2013 to 2018, it increased at an average annual rate of +4.5%.

Import prices varied noticeably by the country of origin; the country with the highest import price was France ($7.8 per kg), while the price for Australia ($2.1 per kg) was amongst the lowest.

From 2013 to 2018, the most notable rate of growth in terms of import prices was attained by Argentina (+7.1% per year), while the import prices for the other major suppliers increased at more moderate paces.

Companies Mentioned in the Report

E. & J. Gallo Winery, Sutter Home Winery, Constellation Brands, Treasury Wine Estates Americas Company, Elan Chateau Resorts, Wente Bros, Domaine Chandon, F. Korbel & Bros., Constellation Brands U.S. Operations, Royal Wine Corporation, Jackson Family Wines, Rombauer Vineyards, Fetzer Vineyards, The Wine Group, Diageo North America, The Robert Mondavi Corporation, Foley Family Wines, Golden State Vintners NAPA, Laird & Company, Laird & Company, International Wine & Spirits, Jackson Family Wines, Delicato Vineyards, United States Distilled Products Co., Canandaigua Wine Company

Source: IndexBox AI Platform