U.S. Beer, Ale, Other Malt Beverages And Brewing Products Market. Analysis And Forecast to 2025
Beer And Brewing Product Market - Mexico Continues Increasing Exports of Beer to the U.S.
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: IndexBox AI Platform
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