Research Update

 

Good afternoon,

Linked below is the Import-Export Report for September 2019.

Here are a few key findings:

  • Consumer spending on imported beer increased by an estimated 3.6% during September 2019.  Roughly half of this increase was due to retail pricing changes and half due to increases in sales volume.
  • The volume of beer imported into the U.S. increased by 1.7% during September, following heavy declines in August.
  • Imported beer volume is now up 1.5% year-to-date through September 2019.  At this point last year imports had been up 5.1% compared to the same period during 2017.
  • Thus far in 2019 all of the net growth in imported beer has come from aluminum cans.  Beer imported in both glass bottles and in kegs is in decline year-to-date.
  • Mexican imports outpaced imports from other countries again in September, gaining 2.3 share points within the import segment.
  • The volume of beer imported from Netherlands decreased by 16% in September and is now down 7.1% year-to-date.
  • September import volumes bring total U.S. beer supply to down 1.4% year-to-date.  Imports continue to outpace domestic beer sales, which are currently down 2% through September.
  • The volume of beer exported from the U.S. declined at double-digit rates for the tenth consecutive month in September.  Nearly all of the loss in volume is from beer exported to Mexico.  Although Mexican demand for American beer brands remains high, a large percentage of these brands’ production has moved to Mexico, where it is being produced locally rather than being imported from the U.S.

https://www.beerinstitute.org/wp-content/uploads/2019/11/Import-Export-September-2019.pdf

Cheers,

Michael Uhrich
Chief Economist

 

 

BeerInstitute.org

BEER INSTITUTE, 440 First Street, NW, Suite 350, WASHINGTON, DC 20001
PHONE: 202.737.2337 FAX: 202.737.7004

CONFIDENTIALITY WARNING: This message and its contents may include confidential and proprietary information and/or be protected by an attorney-client privilege or work-product doctrine. If you have received it in error, please notify the sender, immediately, delete this message and any attachments, and destroy any printed copies. Thank you.

Unsubscribe from future emails