Category: Beer
Beer market research reports by Euromonitor International
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Singapore Beer
Beer in Singapore In 2023, total volume sales of beer in Singapore saw only minimal growth, mainly due to weaker consumer sentiment amidst the high cost of living. This dampened spending as consumers became increasingly value-driven in their purchasing decisions, leading to less discretionary spendi ... Read More
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Singapore Alcoholic Drinks
Alcoholic Drinks in Singapore In 2023, alcoholic drinks in Singapore saw a slight decline in total volume sales. This was mainly due to weaker consumer sentiment amidst the higher cost of living, which dampened spending as consumers became increasingly value-driven in their purchasing decisions, whi ... Read More
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Germany Alcoholic Drinks
Alcoholic Drinks in Germany Following the upheavals witnessed in previous years linked to the pandemic, and a major rebound for on-trade sales due to the full reopening of foodservice outlets in 2022, thereby boosting overall volume sales growth of alcoholic drinks in Germany, total volume sales in ... Read More
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Germany Beer
Beer in Germany Total volume sales for beer in Germany declined in 2023, as off-trade sales suffered from the shift towards more moderate alcohol consumption among young adults, combined with their rising preference for other types of alcoholic drinks, notably spirit-based RTDs. Following the strong ... Read More
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Indonesia Beer
Beer in Indonesia Indonesia’s beer category witnessed a much slower pace of volume growth in 2023, following two consecutive years of strong double-digit growth. This positive trend aligns with the increasing consumer acceptance of alcohol and greater market tolerance towards alcoholic drinks, notab ... Read More
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Ukraine Beer
Beer in Ukraine Beer sales declined sharply in total volume terms in 2022 which was largely due to various issues related to Russia's invasion of Ukraine. First there was a glass bottle deficit as one of the main glass manufacturing facilities in Ukraine was damaged near Kyiv in February-March 2022 ... Read More
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Uganda Alcoholic Drinks
Alcoholic Drinks in Uganda Inflation in Uganda has plummeted, reaching 3% in September 2023 from a peak of 11% in October 2022. This decline has led to decreasing commodity prices, notably in food and fuel, and marks the lowest rate in 15 months. As consumer spending power improves, alcoholic drinks ... Read More
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Azerbaijan Alcoholic Drinks
Alcoholic Drinks in Azerbaijan In 2023, the resurgence of tourism combined with consumers’ adjustment to economic conditions positively influenced volume sales of alcoholic drinks in Azerbaijan. Modern beverages targeting young adults, such as non-alcoholic beer, flavoured beer, whiskey, gin, rum, a ... Read More
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Alcoholic Drinks
Alcoholic Drinks in Ecuador Alcoholic drinks in Ecuador operates within a challenging macroeconomic environment. Despite a modest GDP growth in 2023, the country grappled with political instability and security concerns. President Guillermo Lasso's dissolving of the National Assembly in May 2023, fo ... Read More
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Azerbaijan Beer
Beer in Azerbaijan Beer in Azerbaijan experienced positive retail volume growth in 2023, despite the significant increases in unit prices of beer. This growth can be attributed to several factors, including the recovery of tourism, overall stabilisation of demand patterns following the COVID-19 pand ... Read More
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Ecuador Beer
Beer in Ecuador Beer in Ecuador witnessed a dynamic struggle for dominance in 2023. Cervecería Nacional, the incumbent leader, leveraged its diverse product portfolio catering to various socioeconomic segments and extensive national distribution network to maintain its position. However, Heineken Ec ... Read More
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Malaysia Beer
Beer in Malaysia Beer plays a central role in the sale of alcoholic drinks in Malaysia accounting for the majority of sales in total volume terms. Having seen a sharp decline in sales following the outbreak of COVID-19, beer witnessed a strong recovery amid a full reopening of the economy in 2022 an ... Read More
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Malaysia Alcoholic Drinks
Alcoholic Drinks in Malaysia Elevated rates of inflation impacted consumer spending behaviour in 2023 with locals increasingly only purchasing alcoholic drinks during price promotions, which are usually organised around festive seasons such as Chinese New Year and Christmas. Prices of alcoholic drin ... Read More
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Thailand Beer
Beer in Thailand Beer saw volume sales increase in Thailand in 2023. On-trade is considered an important distribution channel for beer in the Thai market. Many brand-sponsored events such as concerts and festivals are held to generate awareness and sales, though this practice was dropped during the ... Read More
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New Zealand Beer
Beer in New Zealand Towards the end of 2022, Todd Energy announced plans to shut down the only factory in the country that produces food-grade CO2. The decision was taken for safety reasons and no re-opening date was set. Following the 2022 closure of the Marsden Point refinery, the country’s only o ... Read More
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Costa Rica Alcoholic Drinks
Alcoholic Drinks in Costa Rica Following the revenge spending observed in 2022, 2023 saw a far more muted performance overall in alcoholic drinks in Costa Rica due to the macroeconomic situation in the country and challenging market conditions faced by consumers. Persistent inflationary pressures in ... Read More
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Tanzania Alcoholic Drinks
Alcoholic Drinks in Tanzania In 2023, alcoholic drinks in Tanzania has been facing significant shifts due to the steep rise in the cost of living. Many consumers have down-traded from premium to lower-priced brands to manage their budgets, while mid to higher-income individuals have continued to aff ... Read More
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Serbia Alcoholic Drinks
Alcoholic Drinks in Serbia Rising production, packaging, and logistical costs in Serbia contributed to further price growth in alcoholic drinks during 2023. Consumer price sensitivity was more acute as the rate of inflation continued to rise year on year resulting in higher costs of living. Many Ser ... Read More
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Serbia Beer
Beer in Serbia Beer volume sales in Serbia remained upbeat in 2023, with the on-trade continuing to see double-digit growth and recovering back to pre-pandemic levels. Price sensitivity encouraged consumers to seek out cheaper prices of beer. As a result, one-fifth of beer was purchased on discount ... Read More
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Costa Rica Beer
Beer in Costa Rica According to official data, beer in Costa Rica recorded a CPI increase in excess of 16% in 2022, which was a sharp increase within the drinks industry. Coupled with the persistent inflationary pressures affecting the economy, consumers were forced to reduce consumption or trade do ... Read More
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Thailand Alcoholic Drinks
Alcoholic Drinks in Thailand Alcoholic drinks saw volume sales rise in Thailand in 2023. Beer and imported spirits registered a dynamic year, while wine saw growth in the number of imports and cider/perry remained a niche segment. Tourism was a key influence on the development of the alcoholic drink ... Read More
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New Zealand Alcoholic Drinks
Alcoholic Drinks in New Zealand Overall, New Zealand’s alcoholic drinks industry faced significant challenges during 2023 with the rising cost of production and inflation having a huge impact on consumer spending habits. Many consumers have cut all non-essential spending due to the rising cost of li ... Read More
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Sweden Beer
Beer in Sweden Sweden saw beer volume sales stagnate in 2023. The flat performance for total volume sales of beer resulted from the rise in on-trade volumes being offset by a fall in off-trade sales during the year. The category’s growth was constrained by the high rate of inflation, elevated electr ... Read More
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Sweden Alcoholic Drinks
Alcoholic Drinks in Sweden Alcoholic drinks saw total volume sales stagnate in Sweden in 2023. While the resumed cross-border trade from Norway boosted sales as Norwegian consumers appreciated the lower prices found in Sweden, the ongoing health and wellness trend had a negative impact on demand. Ri ... Read More
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Brazil Spirits
Spirits in Brazil Total volume growth of spirits in Brazil remained in positive territory in 2023, but saw a significant slowdown. One factor contributing to this slowdown was the fact that after several years of solid total volume growth in Brazil, more premium spirits categories, such as whiskies ... Read More
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