U.S.: Distilled Liquor Market 2024

Distilled Liquor Market Size in the U.S.

After three years of growth, the U.S. distilled liquor market decreased by X% to $X in 2022. Overall, consumption, however, recorded a significant expansion. Distilled liquor consumption peaked at $X in 2021, and then dropped in the following year.

Distilled Liquor Production in the U.S.

In value terms, distilled liquor production amounted to $X in 2022. Overall, production, however, recorded a mild decline. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Distilled liquor production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Distilled Liquor Exports

Exports from the U.S.

In 2022, overseas shipments of distilled liquors, excluding brandy increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, distilled liquor exports soared to $X in 2022. The total export value increased at an average annual rate of X% from 2013 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Canada (X tons), Australia (X tons) and Spain (X tons) were the main destinations of distilled liquor exports from the United States, with a combined X% share of total exports.

From 2013 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the Netherlands ($X) and the UK ($X) appeared to be the largest markets for distilled liquor exported from the United States worldwide, together accounting for X% of total exports. Australia, Spain, Mexico, Japan, Germany, Panama, France, Italy, Brazil and South Korea lagged somewhat behind, together comprising a further X%.

Brazil, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination 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 distilled liquor export price amounted to $X per ton, which is down by X% against the previous year. Overall, the export price saw a dramatic contraction. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Mexico (X%), while the prices for the other major destinations experienced a decline.

Distilled Liquor Imports

Imports into the U.S.

For the third consecutive year, the United States recorded growth in supplies from abroad of distilled liquors, excluding brandy, which increased by X% to X tons in 2022. In general, imports enjoyed a significant increase. The pace of growth was the most pronounced in 2020 with an increase of X%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

In value terms, distilled liquor imports soared to $X in 2022. Overall, total imports indicated resilient growth from 2013 to 2022: its value increased at an average annual rate of X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2013 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of distilled liquor to the United States, accounting for a X% share of total imports. Moreover, distilled liquor imports from the UK exceeded the figures recorded by the second-largest supplier, Ireland (X tons), twofold. The third position in this ranking was taken by France (X tons), with a X% share.

From 2013 to 2022, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (X% per year) and France (X% per year).

In value terms, Mexico ($X) constituted the largest supplier of distilled liquors, excluding brandy to the United States, comprising X% of total imports. The second position in the ranking was held by the UK ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2013 to 2022, the average annual rate of growth in terms of value from Mexico totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and France (X% per year).

Import Prices by Country

In 2022, the average distilled liquor import price amounted to $X per kg, growing by X% against the previous year. Over the period under review, the import price, however, recorded a sharp slump. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per kg. From 2020 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($X per kg), while the price for Brazil ($X per kg) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Poland (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :