Mexican tequila production will grow 6% this year

Published 2023년 3월 2일

Tridge summary

The Mexican tequila industry is expected to see a 6% increase in production and value for 2023, driven by price increases due to inflation. In 2022, over 651 million liters of tequila were produced, with 416 million liters exported, primarily to the United States. The industry is looking to expand globally, targeting markets in China, India, and Europe. Despite the challenges of inflation impacting components like agave, bottles, corks, and labels, and logistics, tequila's growth potential is high, as it currently accounts for less than 3% of the global consumption of alcoholic beverages. The denomination of origin of tequila is celebrated on National Tequila Day, with plans for events and promotions throughout the year.

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Original content

Mexico City, Mar 2 (EFE).- The production of Mexican tequila will grow by about 6% this year, as well as the value of its industry due to the increase in prices derived from inflation, the National Chamber of the Tequila Industry. "In 2023 it can grow in volume close to 6%, and in value perhaps a little more, because the industry has taken price increases," said the president of the organization, Luis Fernando Félix, at a press conference on the occasion of the National Tequila Day, which will be celebrated on March 18. Among the more than 2,150 brands of tequilas in the country, in 2022 651 million liters were produced, of which 416 million (62%) were exported, the equivalent of 760 liters every minute. The export of this drink, which Félix defended as "culture, identity and the image that Mexico projects to the world", represents about 3,000 million dollars and the United States is its main importer, but the industry seeks to expand to the rest of the world. Spain, Canada, ...

Source: Elperiodicodemexico