MERCOSUR: Market for Spirits, Liqueurs And Other Spirituous Beverages 2024

Market Size for Spirits, Liqueurs And Other Spirituous Beverages in MERCOSUR

In 2022, the MERCOSUR market for spirits, liqueurs and other spirituous beverages increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; afterwards, it flattened through to 2022.

Production of Spirits, Liqueurs And Other Spirituous Beverages in MERCOSUR

In value terms, production of spirits, liqueurs and other spirituous beverages expanded sharply to $X in 2022 estimated in export price. In general, production, however, recorded a slight shrinkage. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Spirits, Liqueurs And Other Spirituous Beverages

Exports in MERCOSUR

In 2022, shipments abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the third year in a row after two years of decline. Overall, exports saw a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of spirits, liqueurs and other spirituous beverages surged to $X in 2022. In general, exports recorded buoyant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Guyana (X litres) and Brazil (X litres) prevails in beverages structure, together making up X% of total exports. It was distantly followed by Argentina (X litres) and Colombia (X litres), together comprising a X% share of total exports. Suriname (X litres) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Suriname (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Guyana ($X) emerged as the largest spirits, liqueurs and other spirituous beverages supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Colombia, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Guyana was relatively modest. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Colombia (X% per year).

Export Prices by Country

In 2022, the export price in MERCOSUR amounted to $X per litre, rising by X% against the previous year. Over the period under review, the export price, however, saw a perceptible curtailment. Over the period under review, the export prices reached the peak figure at $X per litre in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Suriname ($X per litre), while Brazil ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Suriname (X%), while the other leaders experienced a decline in the export price figures.

Imports of Spirits, Liqueurs And Other Spirituous Beverages

Imports in MERCOSUR

In 2022, supplies from abroad of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second consecutive year after two years of decline. In general, imports enjoyed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, imports of spirits, liqueurs and other spirituous beverages skyrocketed to $X in 2022. Over the period under review, imports saw a resilient expansion. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Colombia (X litres), Chile (X litres), Brazil (X litres) and Peru (X litres) was the largest importer of spirits, liqueurs and other spirituous beverages in MERCOSUR, committing X% of total import. Paraguay (X litres) took the next position in the ranking, followed by Ecuador (X litres). All these countries together took approx. X% share of total imports. Argentina (X litres) took a relatively small share of total imports.

From 2012 to 2022, the biggest increases were recorded for Peru (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Colombia ($X), Chile ($X) and Brazil ($X) were the countries with the highest levels of imports in 2022, with a combined X% share of total imports. Peru, Paraguay, Argentina and Ecuador lagged somewhat behind, together accounting for a further X%.

Among the main importing countries, Ecuador, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per litre, almost unchanged from the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The level of import peaked at $X per litre in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Argentina ($X per litre), while Peru ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Brazil (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :