MERCOSUR: Spirits And Liqueurs Market 2024

Spirits And Liqueurs Market Size in MERCOSUR

The MERCOSUR spirits and liqueurs market reached $X in 2022, picking up by X% against the previous year. Over the period under review, consumption, however, saw a slight setback. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Spirits And Liqueurs Production in MERCOSUR

In value terms, spirits and liqueurs production rose slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a slight decline. 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.

Spirits And Liqueurs Exports

Exports in MERCOSUR

In 2022, spirits and liqueurs exports in MERCOSUR skyrocketed to X litres, surging by X% compared with the year before. Overall, exports recorded a buoyant expansion. As a result, the exports attained 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, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The shipments of the three major exporters of spirits, liqueurs and other spirituous beverages, namely Brazil, Venezuela and Guyana, represented more than two-thirds of total export. Colombia (X litres) ranks next in terms of the total exports with a X% share, followed by Argentina (X%) and Peru (X%). Suriname (X litres) held a minor share of total exports.

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

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

In Venezuela, spirits and liqueurs exports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Guyana (X% per year) and Brazil (X% per year).

Export Prices by Country

The export price in MERCOSUR stood at $X per litre in 2022, declining by X% against the previous year. In general, the export price, however, saw a mild expansion. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per litre. From 2020 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Venezuela ($X per litre), while Brazil ($X per litre) was amongst the lowest.

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

Spirits And Liqueurs Imports

Imports in MERCOSUR

In 2022, imports of spirits, liqueurs and other spirituous beverages in MERCOSUR stood at X litres, surging by X% against the previous year. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, spirits and liqueurs imports soared to $X in 2022. Total imports indicated a modest 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in years to come.

Imports by Country

In 2022, Brazil (X litres), distantly followed by Colombia (X litres), Chile (X litres), Peru (X litres) and Argentina (X litres) were the key importers of spirits, liqueurs and other spirituous beverages, together achieving X% of total imports. The following importers - Paraguay (X litres) and Ecuador (X litres) - each resulted at an X% 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, Brazil ($X), Chile ($X) and Colombia ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Peru, Argentina, Paraguay and Ecuador lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The import price in MERCOSUR stood at $X per litre in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a perceptible curtailment. Over the period under review, import prices hit record highs at $X per litre in 2012; however, from 2013 to 2022, import prices remained at a 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 Ecuador (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform