general Covid-19 and the Beverage Alcohol Industry March 18, 2020 | August 30, 2020bw166 While government response to Covid-19 is exceptionally fluid, the industry can learn from lessons of the past on what to expect going forward. In the last two decades, September 11th and the Great Recession both demonstrated vital dynamics that will likely be in play again – the resilience of the industry overall to weather storms […] Read more »
general How Big is the U.S. Wine Market Really? January 20, 2020 | August 30, 2020bw166 On January 13th, IWSR issued a press release that pronounced “Wine Consumption in the U.S. Declines for First Time in 25 Years”. Past statements from IWSR suggest that the U.S. wine market was about 360 million 9L cases in 2019. However, based on available tax collection data, bw166 projects that the U.S. wine market in 2019 […] Read more »
general Initial Impacts of Tariffs Show Significant Impact on Imports in November 2019 January 9, 2020 | August 30, 2020bw166 But, first, some highlights from the tariffs imposed on October 13, 2019: The primary beverage alcohol imports impacted by the tariffs are French, German and Spanish Wines less than 14% ABV in 2L or smaller containers, Irish or Scotch Single Malt (or straight) Whisky, and German, Spanish, UK Cordials and Liqueurs. Collectively the imports of […] Read more »
general First Quarter Beverage Alcohol Trends April 30, 2019 | August 30, 2020bw166 The beverage alcohol market slowed in the first quarter with overall servings of Beer, Wine, and Spirits only being up +0.1% over the last three months and up +1.1% over the past twelve months. Spirits is showing good growth over twelve months ending March 2019 with volume growth of +3.7%. Beer and Wine are relatively […] Read more »
general U.S. Beverage Alcohol Spending Hits $253.8 Billion in 2018, +5.1% versus 2017 January 13, 2019 | August 30, 2020bw166 Consumers continued to increase spending in the beverage alcohol category with overall spending at $253.8 Billion – an increase of $12.4 Billion, +5.1%. In contrast, consumers moderated their consumption with the bw166 TBA serving index ending the year at 120.8, a change of only 0.2%. The legal drinking age population in the US reached 240.7 […] Read more »