Tequila exports in the US increased 20.7% in the first half of 2021

Published 2021년 8월 31일

Tridge summary

The article highlights a significant surge in the consumption of alcoholic beverages in the United States, particularly distillates like vodka, whiskey, and rum, during the Covid-19 pandemic. This increase is largely attributed to people drinking more at home. Among these distillates, tequila has seen the most growth, with exports to the U.S. rising by 20.7% in the first half of 2021 compared to the same period in the previous year. The U.S., being the primary international market for tequila since 1995, absorbed 89% of total tequila exports in 2020. The consumption of tequila in the U.S. also grew by 9.4% in 2020, with the demographic consumption range being predominantly millennials (25-39 years old). This growth places tequila as the fastest-growing distillate in the U.S. market, which expanded by 1% overall in 2020, and by 4.6% for distillates specifically.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

PATRICIA ROMO. THE ECONOMIST Consumption of alcoholic beverage in the United States grew above average in the segment of distillates such as vodka, whiskey and rum. Guadalajara Jalisco. Because the Covid-19 pandemic forced the world population to shelter in their homes and even now the entry restrictions remain in some consumption centers to avoid contagion, "people moved the bar to their home", which is why which tequila exports to the United States soared, not only during 2020, but in the first half of this 2021 they grew 20.7% compared to the same period of the previous year. According to statistics from the Tequila Regulatory Council (CRT), in 2019 204.4 million liters of the national drink were exported to the neighboring country, while in 2020 the figure rose to 254.2 million liters, representing an increase of 24.3 % in exports to the American Union. Meanwhile, in the first half of 2020, tequila exports to the neighboring country amounted to 134.6 million liters, while in ...

Source: Inforural