MERCOSUR: Market for Cider, Perry, Mead And Other Fermented Beverages 2024

Market Size for Cider, Perry, Mead And Other Fermented Beverages in MERCOSUR

The MERCOSUR cider, perry and mead market rose sharply to $X in 2021, growing by 12% against the previous year. In general, consumption, however, showed a slight decrease. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Cider, Perry, Mead And Other Fermented Beverages in MERCOSUR

In value terms, cider, perry and mead production reached $X in 2021 estimated in export price. Overall, production recorded a mild curtailment. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production remained at a lower figure.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in MERCOSUR

Cider, perry and mead exports contracted dramatically to X litres in 2021, declining by -22.6% against the previous year's figure. Overall, exports saw a noticeable descent. The growth pace was the most rapid in 2015 with an increase of 77% against the previous year. The volume of export peaked at X litres in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, cider, perry and mead exports expanded rapidly to $X in 2021. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2015 when exports increased by 59% against the previous year. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Brazil represented the main exporter of cider, perry, mead and other fermented beverages in MERCOSUR, with the volume of exports reaching X litres, which was approx. 74% of total exports in 2021. It was distantly followed by Argentina (X litres), creating a 23% share of total exports. Colombia (X litres) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to cider, perry and mead exports from Brazil stood at +5.4%. At the same time, Colombia (+14.3%) displayed positive paces of growth. Moreover, Colombia emerged as the fastest-growing exporter exported in MERCOSUR, with a CAGR of +14.3% from 2012-2021. By contrast, Argentina (-12.0%) illustrated a downward trend over the same period. While the share of Brazil (+39 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Argentina (-32 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Brazil ($X) remains the largest cider, perry and mead supplier in MERCOSUR, comprising 73% of total exports. The second position in the ranking was held by Argentina ($X), with a 22% share of total exports.

In Brazil, cider, perry and mead exports increased at an average annual rate of +2.2% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Argentina (-12.9% per year) and Colombia (+1.6% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per litre in 2021, picking up by 42% against the previous year. In general, the export price, however, continues to indicate a pronounced descent. Over the period under review, the export prices reached the maximum at $X per litre in 2013; however, from 2014 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Brazil ($X per litre), while Colombia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Argentina (-1.1%), while the other leaders experienced a decline in the export price figures.

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports in MERCOSUR

For the third year in a row, MERCOSUR recorded growth in purchases abroad of cider, perry, mead and other fermented beverages, which increased by 3.6% to X litres in 2021. Total imports indicated prominent growth from 2012 to 2021: its volume increased at an average annual rate of +5.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +34.3% against 2014 indices. The pace of growth appeared the most rapid in 2014 with an increase of 46% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, cider, perry and mead imports skyrocketed to $X in 2021. Total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +66.4% against 2018 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 27%. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

Paraguay represented the major importing country with an import of around X litres, which resulted at 47% of total imports. Colombia (X litres) held the second position in the ranking, distantly followed by Chile (X litres) and Venezuela (X litres). All these countries together held near 40% share of total imports. Guyana (X litres), Brazil (X litres) and Suriname (X litres) held a little share of total imports.

From 2012 to 2021, average annual rates of growth with regard to cider, perry and mead imports into Paraguay stood at +2.9%. At the same time, Guyana (+68.3%), Colombia (+22.4%), Chile (+19.1%) and Suriname (+18.2%) displayed positive paces of growth. Moreover, Guyana emerged as the fastest-growing importer imported in MERCOSUR, with a CAGR of +68.3% from 2012-2021. By contrast, Brazil (-4.0%) and Venezuela (-6.8%) illustrated a downward trend over the same period. Colombia (+17 p.p.), Chile (+7.2 p.p.), Guyana (+3.6 p.p.) and Suriname (+1.6 p.p.) significantly strengthened its position in terms of the total imports, while Brazil, Paraguay and Venezuela saw its share reduced by -3.9%, -9.4% and -12.7% from 2012 to 2021, respectively.

In value terms, Paraguay ($X) constitutes the largest market for imported cider, perry, mead and other fermented beverages in MERCOSUR, comprising 33% of total imports. The second position in the ranking was held by Colombia ($X), with a 15% share of total imports. It was followed by Chile, with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Paraguay totaled +1.0%. The remaining importing countries recorded the following average annual rates of imports growth: Colombia (+6.3% per year) and Chile (+14.8% per year).

Import Prices by Country

The import price in MERCOSUR stood at $X per litre in 2021, picking up by 22% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced setback. The level of import peaked at $X per litre in 2013; however, from 2014 to 2021, 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 Guyana ($X per litre), while Colombia ($X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Guyana (+12.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform