Industry News       English French Dutch Spanish German Russian Italian Portuguese Portuguese Danish Greek Romanian Ukrainean Chinese Polish Korean
Logo Slogan_Korean

CASTLE MALTING NEWS in partnership with Korean
23 October, 2022

Brewing news Mexico: Craft beer industry should grow by over 10% this year - ACERMEX

Mexico's craft beer industry should grow by over 10% this year, the country's brewing association ACERMEX said on October 21, even as it faces sky-rocketing costs and competition from European-owned heavyweights, Reuters reported.

"The effects of the pandemic, added to the war between Russia and Ukraine ... have caused costs to skyrocket," ACERMEX official Jose Rosas told Reuters.

"Most of the supplies for independent beer producers are imported, so the rising exchange rate is a problem and also the supplies are expensive due to shortages."

Nevertheless, ACERMEX expects craft beer production in the country to grow 11% this year to reach about 34 million litres (59 million UK pints), with close to 90% consumed locally, or in the same state in which it was brewed.

The trade group estimates Mexican craft brewers last year produced 30 million litres (53 million pints) of the estimated 13.5 billion litres of beer brewed nationwide.

ACERMEX data shows this earned them almost 2 billion pesos ($100 million) in sales.

It said craft brewers also faced pressure from large industrial breweries expanding in the country. The market is dominated by Dutch giant Heineken and Grupo Modelo, owned by Belgian giant AB InBev.

Heineken announced in June it would build a 1.8 billion peso can manufacturing plant in the northern Mexican state of Chihuahua, near its Mequoi brewery, set to be its seventh plant in the country.

In its last quarterly report, Heineken pointed to growing demand for its Amstel and low-alcohol brands, while AB InBev said it was expanding distribution across hundreds of Mexican convenience stores, both posting strong profits despite rising costs.

뒤로, the global information source for the brewing and malting industry professionals. The bi-weekly Newsletters feature latest industry news, statistics in graphs and tables, world barley and malt prices, and other relevant information. Click here to get full access to If you are a Castle Malting client, you can get free access to website and publications. Contact us for more information at .

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.     Ok     아니오      Privacy Policy   

(libra 0.5330 sec.)