US recovery boosts tequila sales in Mexico

Published 2021년 7월 6일

Tridge summary

The US market has been instrumental in the recovery of tequila, with 90% of exports going to the country. The tequila industry has seen a 16% growth in exports from January to May, with a total production increase of 34% despite the COVID-19 pandemic. The national tequila industry has also rebounded, with premium brands performing particularly well.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

The good performance of tequila consumption in the United States (US) market has helped the recovery of the Mexican drink even above markets such as Europe and Mexico, said the president of the National Chamber of the Tequila Industry ( CNIT), Luis Fernando Félix. "Last year the United States made up for the fall that Europe and Latin America had, the challenge is how do we make it so that the countries where the category fell, such as Europe, Latin America and even Mexico", explained the manager. Fernando Félix explained that 90% of tequila exports go to the United States, a country whose economic reactivation has helped maintain the good performance of the tequila industry. Tequila refines its image and conquers the foreign market According to the manager, from January to May, exports have grown by 16%, with a production of 124 million liters. In the case of the national market, the tequila industry has a good performance, compared to the ...
Source: Informador

Would you like more in-depth insights?

Gain access to detailed market analysis tailored to your business needs.
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.