Market research

Vermouth and other flavoured wine market in Americas

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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"Americas" region includes following countries:

Bermuda

Canada

Greenland

Saint Pierre and Miquelon

the United States

Argentina

Bolivia

Bouvet Island

Brazil

Chile

Colombia

Ecuador

Falkland Islands (Malvinas)

South Georgia and the South Sandwich Islands

French Guiana

Guyana

Paraguay

Peru

Suriname

Uruguay

Venezuela

Belize

Costa Rica

El Salvador

Guatemala

Honduras

Mexico

Nicaragua

Panama

Antigua and Barbuda

the Bahamas

Barbados

British Virgin Islands

Cayman Islands

Cuba

Dominica

Dominican Republic

Grenada

Guadeloupe

Haiti

Jamaica

Martinique

Montserrat

Curacao

Aruba

Saint Maarten (Dutch part)

Bonaire

Puerto Rico

Saint-Barthélemy

Saint Kitts and Nevis

Anguilla

Saint Lucia

Saint-Martin (French Part)

Saint Vincent and the Grenadines

Trinidad and Tobago

Turks and Caicos Islands

United States Virgin Islands

Earlier Report Observations

The vermouth market volume in the Americas showed mixed movements from 2018 to 2023. After a slight increase to 13.9 million liters in 2019, the market fell to 12.2 million liters in 2020. It then surged by 67% to 20.4 million liters in 2021, followed by a decline to 17.0 million liters in 2022 and 16.5 million liters in 2023.

In 2024, the market environment was influenced by rising cocktail culture and consumer demand for premium products, alongside the emergence of new variants such as low-alcohol and organic vermouths. Key import flows into markets like Mexico originated primarily from Spain, Chile, and Italy, with major demand centers in Mexico City, Nuevo León, and the State of Mexico.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2018-2023
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2023
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Americas
  1. 5.1.1. Annual dynamics of production in Americas in kind, 2018-2023, K l
2. 5.2. Global production by Country, 2018-2023
  1. 5.2.1. Annual dynamics of production by macroregions in kind, 2018-2023, K l
  2. 5.2.2. Dynamics of production structure by macroregions in kind, 2018-2023
  3. 5.2.3. Annual dynamics of production by country in kind, 2018-2023, K l
  4. 5.2.4. Structure of production by countries in kind, 2018-2023
  5. 5.2.5. Dynamics of peoduction structure by countries in kind, 2018-2023
6. Imports
1. 6.1. Imports (Direct Data*)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K l
    1. 6.1.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K l
    2. 6.1.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K l
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/K l
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/K l
    2. 6.1.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/K l
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K l
    1. 6.2.2.1. Annual dynamics of product's imports to Bermuda in kind, 2018-2024, K l
    2. 6.2.2.2. Dynamics of product's imports in kind to Bermuda by countries, 2018-2024, K l
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Bermuda in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Bermuda by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/K l
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Bermuda, 2018-2024, $ US/K l
    2. 6.2.4.2. Dynamics of average price of product's imports to Bermuda by countries, 2018-2024, $ US/K l
7. Exports
1. 7.1. Exports (Direct Data*)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K l
    1. 7.1.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K l
    2. 7.1.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K l
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/K l
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/K l
    2. 7.1.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/K l
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K l
    1. 7.2.2.1. Annual dynamics of product's exports from Bermuda in kind, 2018-2024, K l
    2. 7.2.2.2. Dynamics of product's exports in kind from Bermuda by countries, 2018-2024, K l
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Bermuda in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Bermuda by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/K l
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Bermuda, 2018-2024, $ US/K l
    2. 7.2.4.2. Dynamics of average price of product's exports from Bermuda by countries, 2018-2024, $ US/K l
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K l
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K l
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production vermouth and other flavoured wine in Americas

In kind, 2017-2020, K l

Top producers of vermouth and other flavoured wine, 2017-2020

Source: SHEV.io

World map of production of vermouth and other flavoured wine, 2017-2020

Source: SHEV.io

After two years of growth, vermouth and other flavoured wine production in the Americas declined. In 2020, production reached 8 104 thousand litres, marking an 11.6% decrease compared to 2019. Over the period from 2017 to 2020, production increased by 72.2%, which translates to an average annual growth rate of 19.9%. The highest production level was recorded in 2019 at 9 166 thousand litres, while the largest year-on-year increase occurred in 2018 with a 67.5% rise.

Annual dynamics of production in Americas in kind, 2017-2020, K l

Parameter		2018	2019	2020	CAGR
1	Change from last year	67.5%	16.3%	(11.6%)	19.9%

Source: SHEV.io

In value, 2017-2020, K $ US

The market showed significant volatility during this period. Production value peaked in 2019 and reached its lowest point in 2017, with a 2.3-fold difference between these years. In 2020, the output of vermouth and other flavoured wine was valued at 35 451 thousand US dollars in the Americas, representing a substantial 11.9% decrease compared to the previous year. The maximum value was recorded in 2019 at 40 245 thousand US dollars, while the largest increase occurred in 2018 with a 78.0% growth.

Annual dynamics of production in Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	78.0%	27.1%	(11.9%)	25.8%

Source: SHEV.io

Exports vermouth and other flavoured wine from Americas

Exports in kind, K l

Vermouth and other flavoured wine exports from the Americas increased for the third consecutive year. In 2020, exports amounted to 6 266 thousand litres, which is 4.8% higher than in 2019. Between 2017 and 2020, exports grew by 37.4%, with a compound annual growth rate of 11.2%.

Annual dynamics of product's exports from Americas in kind, 2017-2020, K l

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.7%	19.4%	4.8%	11.2%

Source: SHEV.io

From 2017 to 2020, the country structure of exports in volume terms remained highly diversified. The United Kingdom accounted for 25.6% of exports, Finland for 8.1%, and China for 2.2%, together representing only 36.0% of total flows. The remaining 64.0% was distributed among numerous smaller markets.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Vermouth and other flavoured wine exports from the Americas increased for the third consecutive year. In 2020, exports stood at 27 410 thousand US dollars, which is 4.5% higher than the previous year. Between 2017 and 2020, exports grew by 59%, with a compound annual growth rate of 16.7%.

Annual dynamics of product's exports from Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.6%	30.6%	4.5%	16.7%

Source: SHEV.io

From 2017 to 2020, exports in value terms of vermouth and other flavoured wine from the Americas were spread across many countries. The United Kingdom accounted for 35.8% of exports, Finland for 8.9%, and France for 1.1%, together representing 45.7% of total flows.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Americas in value, 2017-2020

Source: SHEV.io

Imports vermouth and other flavoured wine to Americas

Imports in kind, K l

Vermouth and other flavoured wine imports to the Americas declined for the second consecutive year. In 2020, imports registered 10 408 thousand litres, equivalent to a slight reduction of 2.7% compared to 2019. Over the period from 2017 to 2020, imports increased by 7.1%, with a compound annual growth rate of 2.3%. The highest import volume was recorded in 2018 at 10 816 thousand litres, while the largest year-on-year increase also occurred in 2018 with an 11.3% rise.

Annual dynamics of product's imports to Americas in kind, 2017-2020, K l

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.3%	(1.1%)	(2.7%)	2.3%

Source: SHEV.io

Throughout 2017 to 2020, Spain, Italy, and France remained the main sources for imports of vermouth and other flavoured wine to the Americas in volume terms. Spain accounted for 25.3% of imports, Italy for 19.5%, and France for 5.8%, together representing 50.6% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

The value of vermouth and other flavoured wine imports to the Americas declined for the second consecutive year. In 2020, imports came to 29 879 thousand US dollars, indicating a contraction of 7.5% compared to 2019. The maximum value was recorded in 2018 at 32 636 thousand US dollars, while the largest increase occurred in 2018 with an 11.2% growth.

Annual dynamics of product's imports to Americas in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	11.2%	(1.0%)	(7.5%)	0.6%

Source: SHEV.io

From 2017 to 2020, Italy, Spain, and France were the primary suppliers of vermouth and other flavoured wine to the Americas in value terms. Italy accounted for 32.0% of imports, Spain for 17.6%, and France for 10.1%, together representing 59.7% of total imports.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Americas in value, 2017-2020

Source: SHEV.io