Good morning, The US Department of Commerce and Census Bureau released the monthly import/export data, which indicate a return to growth for beer imports for the month of July 2022 compared to July 2021. Beer imports totaled 3,598,587 barrels, which was a slight increase of 27,400 barrels, up 0.8% compared to July 2021. Mexican imported beer was again the biggest driver of growth, up 7.4% compared to last year. Mexican imported beer accounted for 80% of total imported beer volume for the month of July, up from 73% in July 2019. Other contributors to growth included Ireland (+38.4%), Italy (+69%), and Germany (+2.5%). Belgium (-84%) and Poland (-89%) experienced notable declines for July, most likely attributable to shifts in location of production. Adjusting for those shifts in production, shipments for imported beer are up 4.4% for July 2022 compared to July 2021, and up 8.8% year-to-date. Even with Belgium and Poland in the scenario, year-to-date shipments for imports are up 3.9%. The next Import-Export Report will be released on:
Please reach out with any questions. Cheers, Danelle Kosmal BEER INSTITUTE |