Tridge summary
The tequila industry has experienced a significant boost in the first half of 2022, with notable increases in production, export, and consumption of agave. According to the Tequila Regulatory Council, there has been a 21.1% increase in production, a 29.5% increase in exports, and a 30.7% increase in consumption compared to the same period in 2021. The total production reached 315.1 million liters, with 75% being 100% agave tequila. Exports saw a 24.6% increase, with the United States leading the top ten importing countries and Japan returning to the list after several years of absence.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.
Original content
During the first six months of 2022, the tequila agribusiness shows considerable growth compared to the first half of 2021. According to figures from the Tequila Regulatory Council (CRT), the production, export and consumption of agave increased by 21.1%, 29.5 %, and 30.7% respectively. The total production carried out by the 174 authorized producers reached 315.1 million liters in the January-June period of this year, while last year in its first semester 260 million liters of tequila had been produced. Of the total produced in 2022, 75% was 100% agave tequila (234.7 million liters). Regarding exports, this reached 202.7 million liters, of which 148.7 million correspond to Tequila bottled from origin. This is the seventh year in a row that exports of origin packaging are on the rise and the first year that exports of the Tequila category have recovered and increased by 24.6 ...
Source: Informador
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