Brazil: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in Brazil

In 2022, the Brazilian spirits and liqueurs market increased by X% to $X, rising for the sixth consecutive year after four years of decline. Over the period under review, consumption, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Spirits And Liqueurs Production in Brazil

In value terms, spirits and liqueurs production totaled $X in 2022 estimated in export price. Overall, production, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Spirits And Liqueurs Exports

Exports from Brazil

In 2022, overseas shipments of spirits, liqueurs and other spirituous beverages increased by X% to X litres, rising for the second year in a row after three years of decline. Overall, total exports indicated a resilient expansion 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, exports increased by X% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, spirits and liqueurs exports surged to $X in 2022. In general, total exports indicated a noticeable expansion from 2012 to 2022: its value 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, exports increased by X% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X litres), Paraguay (X litres) and Bolivia (X litres) were the main destinations of spirits and liqueurs exports from Brazil, with a combined X% share of total exports. Germany, Equatorial Guinea, Cuba, Haiti, Argentina, France, Uruguay, Peru, Portugal and Jamaica lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest markets for spirits and liqueurs exported from Brazil were the United States ($X), Paraguay ($X) and Bolivia ($X), with a combined X% share of total exports. Uruguay, Argentina, Germany, Portugal, France, Cuba, Haiti, Equatorial Guinea, Peru and Jamaica lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Equatorial Guinea, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average spirits and liqueurs export price amounted to $X per litre, increasing by X% against the previous year. In general, the export price, however, continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum at $X per litre in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Uruguay ($X per litre), while the average price for exports to Jamaica ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Jamaica (X%), while the prices for the other major destinations experienced more modest paces of growth.

Spirits And Liqueurs Imports

Imports into Brazil

In 2022, imports of spirits, liqueurs and other spirituous beverages into Brazil expanded markedly to X litres, picking up by X% compared with 2021. Over the period under review, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in years to come.

In value terms, spirits and liqueurs imports surged to $X in 2022. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

In 2022, the UK (X litres) constituted the largest spirits and liqueurs supplier to Brazil, with a X% share of total imports. Moreover, spirits and liqueurs imports from the UK exceeded the figures recorded by the second-largest supplier, the United States (X litres), fourfold. Sweden (X litres) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Sweden (X% per year).

In value terms, the UK ($X) constituted the largest supplier of spirits, liqueurs and other spirituous beverages to Brazil, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average spirits and liqueurs import price amounted to $X per litre, increasing by X% against the previous year. Over the period under review, the import price, however, showed a pronounced contraction. Over the period under review, average import prices reached the maximum at $X per litre in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($X per litre), while the price for Sweden ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :