MERCOSUR: Whisky Market 2024

Whisky Market Size in MERCOSUR

In 2022, the MERCOSUR whisky market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Whisky Production in MERCOSUR

In value terms, whisky production skyrocketed to $X in 2022 estimated in export price. Overall, production enjoyed a significant expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Whisky Exports

Exports in MERCOSUR

In 2022, whisky exports in MERCOSUR soared to X litres, with an increase of X% on 2021 figures. Over the period under review, exports, however, recorded a pronounced curtailment. The volume of export peaked at X litres in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, whisky exports soared to $X in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

The biggest shipments were from Brazil (X litres), Argentina (X litres) and Suriname (X litres), together amounting to X% of total export. It was distantly followed by Chile (X litres), committing a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Suriname ($X) emerged as the largest whisky supplier in MERCOSUR, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Suriname stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Brazil (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per litre in 2022, increasing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The level of export peaked at $X per litre in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Suriname ($X per litre), while Argentina ($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 mixed trends in the export price figures.

Whisky Imports

Imports in MERCOSUR

In 2022, overseas purchases of whisky increased by X% to X litres, rising for the second year in a row after three years of decline. Total imports indicated a notable increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, whisky imports rose remarkably to $X in 2022. Overall, imports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Brazil was the key importer of whisky in MERCOSUR, with the volume of imports recording X litres, which was approx. X% of total imports in 2022. It was distantly followed by Chile (X litres) and Colombia (X litres), together generating a X% share of total imports. The following importers - Argentina (X litres), Uruguay (X litres), Peru (X litres) and Ecuador (X litres) - together made up X% of total imports.

From 2012 to 2022, average annual rates of growth with regard to whisky imports into Brazil stood at X%. At the same time, Chile (X%), Colombia (X%), Ecuador (X%), Peru (X%) and Argentina (X%) displayed positive paces of growth. Moreover, Chile emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of X% from 2012-2022. By contrast, Uruguay (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Chile and Colombia increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) constitutes the largest market for imported whisky in MERCOSUR, comprising X% of total imports. The second position in the ranking was taken by Colombia ($X), with an X% share of total imports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Brazil amounted to X%. In the other countries, the average annual rates were as follows: Colombia (X% per year) and Chile (X% per year).

Import Prices by Country

In 2022, the import price in MERCOSUR amounted to $X per litre, surging by X% against the previous year. Over the period under review, the import price, however, saw a pronounced reduction. Over the period under review, import prices reached the maximum at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ecuador (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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