Northern America: Beer Market 2024

Beer Market Size in Northern America

The North American beer market was estimated at $X in 2022, therefore, remained relatively stable against the previous year. The market value increased at an average annual rate of +1.2% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the near future.

Beer Production in Northern America

In value terms, beer production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Beer Exports

Exports in Northern America

In 2022, exports of beer in Northern America reduced slightly to X tons, stabilizing at the year before. In general, exports showed a pronounced curtailment. The pace of growth was the most pronounced in 2015 when exports increased by 15% against the previous year. The volume of export peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, beer exports skyrocketed to $X in 2022. The total export value increased at an average annual rate of +1.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States represented the key exporter of beer in Northern America, with the volume of exports resulting at X tons, which was approx. 76% of total exports in 2022. It was distantly followed by Canada (X tons), creating a 24% share of total exports.

The United States experienced a relatively flat trend pattern with regard to volume of exports of beer. Canada (-6.1%) illustrated a downward trend over the same period. The United States (+12 p.p.) significantly strengthened its position in terms of the total exports, while Canada saw its share reduced by -12.2% from 2012 to 2022, respectively.

In value terms, the United States ($X) remains the largest beer supplier in Northern America, comprising 87% of total exports. The second position in the ranking was held by Canada ($X), with a 13% share of total exports.

In the United States, beer exports increased at an average annual rate of +4.1% over the period from 2012-2022.

Export Prices by Country

The export price in Northern America stood at $X per ton in 2022, surging by 20% against the previous year. Over the last decade, it increased at an average annual rate of +4.1%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while Canada stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.6%).

Beer Imports

Imports in Northern America

In 2022, approx. X tons of beer were imported in Northern America; increasing by 9.4% on the year before. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when imports increased by 33% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, beer imports expanded remarkably to $X in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 9.1%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

The United States dominates imports structure, resulting at X tons, which was approx. 94% of total imports in 2022. It was distantly followed by Canada (X tons), constituting a 5.3% share of total imports.

The United States was also the fastest-growing in terms of the beer imports, with a CAGR of +3.6% from 2012 to 2022. Canada (-2.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of the United States increased by +4.1 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported beer in Northern America, comprising 94% of total imports. The second position in the ranking was held by Canada ($X), with a 5.8% share of total imports.

In the United States, beer imports increased at an average annual rate of +5.6% over the period from 2012-2022.

Import Prices by Country

The import price in Northern America stood at $X per ton in 2022, declining by -3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The pace of growth appeared the most rapid in 2015 an increase of 27%. Over the period under review, import prices reached the peak figure at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Canada ($X per ton), while the United States totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+1.9%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :