2026 BMO Wine Market Report
The third edition of this annual report finds global trade strained even further than it was at this time last year. While refunds are expected from tariffs enacted by the U.S. government, the impact on trade in North America and the rest of the world was immediate and will have repercussions that will be felt for decades.
Total U.S. market value grew 3% to more than $115 billion in 2025, but that growth obscures another consecutive year of declining market volume with the previous year seeing a 4% loss to 362 million 9L cases.
But while market value has gone up, volume has continued to trend down. Total market volume in 2025 came to 362 million cases, which is 4% less than 2024 and more than 12% less than in 2018.
2026 begins with a significant decline in EU Wine Exports...
See the detailed analysis of this alarming situation…
Elias Gagas
