Beer And Brewing Product Market - Mexico Continues Increasing Exports of Beer to the U.S.
Malt Liquors And Malt May 23, 2016
The U.S. is the leader in global imports on the beer and brewing product market, accounting for a 20% share (based on USD). It was followed by China (10%), the UK (6%), and Canada (5%). In 2015, U.S. beer, ale, other malt beverages, and brewing product imports totaled 5.5 billion USD, which was 460 million USD (9%) more than the year before.
From 2007 to 2015, U.S. beer, ale, and other malt beverages and brewing product imports showed steady growth, displaying an annual increase of +3.2% throughout the analysed period.
Despite fierce competition, the U.S. continues to be one of the most attractive destinations for overseas suppliers.
Mexico (52%) was the main supplier of beer, ale, and other malt beverages and brewing products into the U.S, followed by the Netherlands (16%) and Belgium (8%). Mexico (+10 percentage points) significantly strengthened its position in the U.S. import structure. By contrast, the Netherlands (-11 percentage points) saw its share reduced.
From 2007 to 2015, the U.S. was a net importer of beer, ale, and other malt beverages and brewing products. Net US imports of beer, ale, and other malt beverages and brewing products showed a downward trend over the period under review. In 2015, this industry ran a notable trade deficit of 1 billion USD, which amounted to approximately 18% of gross imports.
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Source: U.S. Beer, Ale, And Other Malt Beverages And Brewing Products Market. Analysis And Forecast to 2020
