U.S. - Beer Made From Malt (Excluding Non-Alcoholic Beer) - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact
Beer Exporters from the Netherlands and Mexico Thrive on Growing American Imports
IndexBox has just published a new report: 'U.S. - Beer Made From Malt (Excluding Non-Alcoholic Beer) - Market Analysis, Forecast, Size, Trends And Insights'. Here is a summary of the report's key findings.
Despite the Covid-related restrictions, beer imports to the U.S. rose by +2.1% y-o-y to $6B in 2020. Mexico and the Netherlands remain the major beer suppliers to the U.S., accounting for near 84% of the total import volume. In 2020, these two countries boosted the value of supplies, while Belgium, the third-largest exporter to the U.S., failed to maintain the sales at the previous year’s level.
Beer Imports into the U.S. by Country
In value terms, beer imports rose by +2.1% y-o-y to $6B (IndexBox estimates) in 2020. In 2020, the amount of beer made from malt (excluding non-alcoholic beer) imported into the U.S. amounted to 4.3M tonnes, leveling off against the year before.
In 2020, Mexico (3.1M tonnes) constituted the largest supplier of beer to the U.S., accounting for a 72% share of total imports. Moreover, beer imports from Mexico exceeded the figures recorded by the second-largest supplier, the Netherlands (536K tonnes), sixfold. Belgium (212K tonnes) ranked third in terms of total imports with a 5% share.
In value terms, Mexico ($4.2B) constituted the largest supplier of beer to the U.S., comprising 71% of total imports. The second position in the ranking was occupied by the Netherlands ($860M), with a 14% share of total imports. It was followed by Belgium, with a 6.1% share.
In 2020, the growth rate of the import value from Mexico totaled +4.9% y-o-y. The remaining supplying countries recorded the following rates of imports growth: the Netherlands (+11.9% y-o-y) and Belgium (-9.9% y-o-y).
In 2020, the average beer import price amounted to $1,400 per tonne, surging by 1.8% against the previous year. There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Belgium ($1,717 per tonne), while the price for Canada ($725 per tonne) was amongst the lowest.
Over the last year, the most notable rate of growth in terms of prices was attained by Belgium, while the prices for the other major suppliers experienced a more modest pace of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the beer market in the U.S.. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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