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

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

After two years of decline, the North American cider, perry and mead market increased by 7.9% to $X in 2021. The total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2021 and is expected to retain growth in the immediate term.

Production of Cider, Perry, Mead And Other Fermented Beverages in Northern America

In value terms, cider, perry and mead production rose sharply to $X in 2021 estimated in export price. The total production indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -8.2% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 24%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Exports of Cider, Perry, Mead And Other Fermented Beverages

Exports in Northern America

Cider, perry and mead exports skyrocketed to X litres in 2021, growing by 15% on the year before. Over the period under review, exports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2014 with an increase of 54% against the previous year. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, cider, perry and mead exports skyrocketed to $X in 2021. Overall, exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 41%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Canada represented the key exporter of cider, perry, mead and other fermented beverages in Northern America, with the volume of exports accounting for X litres, which was approx. 79% of total exports in 2021. It was distantly followed by the United States (X litres), achieving a 21% share of total exports.

Canada was also the fastest-growing in terms of the cider, perry, mead and other fermented beverages exports, with a CAGR of +31.5% from 2012 to 2021. The United States experienced a relatively flat trend pattern. Canada (+56 p.p.) significantly strengthened its position in terms of the total exports, while the United States saw its share reduced by -55.9% from 2012 to 2021, respectively.

In value terms, Canada ($X) remains the largest cider, perry and mead supplier in Northern America, comprising 76% of total exports. The second position in the ranking was held by the United States ($X), with a 24% share of total exports.

From 2012 to 2021, the average annual growth rate of value in Canada stood at +24.8%.

Export Prices by Country

The export price in Northern America stood at $X per litre in 2021, stabilizing at the previous year. Over the period under review, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the export price increased by 13% against the previous year. The level of export peaked at $X per litre in 2018; however, from 2019 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per litre), while Canada stood at $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+1.9%).

Imports of Cider, Perry, Mead And Other Fermented Beverages

Imports in Northern America

For the tenth year in a row, Northern America recorded growth in supplies from abroad of cider, perry, mead and other fermented beverages, which increased by 7.6% to X litres in 2021. In general, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, cider, perry and mead imports totaled $X in 2021. Overall, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. The level of import peaked in 2021 and is expected to retain growth in the immediate term.

Imports by Country

The United States prevails in imports structure, accounting for X litres, which was approx. 91% of total imports in 2021. It was distantly followed by Canada (X litres), mixing up an 8.3% share of total imports.

The United States was also the fastest-growing in terms of the cider, perry, mead and other fermented beverages imports, with a CAGR of +23.7% from 2012 to 2021. At the same time, Canada (+4.2%) displayed positive paces of growth. From 2012 to 2021, the share of the United States increased by +22 percentage points.

In value terms, the United States ($X) constitutes the largest market for imported cider, perry, mead and other fermented beverages in Northern America, comprising 89% of total imports. The second position in the ranking was taken by Canada ($X), with an 11% share of total imports.

In the United States, cider, perry and mead imports increased at an average annual rate of +17.2% over the period from 2012-2021.

Import Prices by Country

The import price in Northern America stood at $X per litre in 2021, declining by -5.4% against the previous year. Over the period under review, the import price showed a noticeable reduction. The growth pace was the most rapid in 2014 an increase of 2.6% against the previous year. The level of import peaked at $X per litre in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Canada ($X per litre), while the United States totaled $X per litre.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (-1.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :