Trade Resources Industry Views The Export Volume of Craft Beer Increased by 35.7% in 2014

The Export Volume of Craft Beer Increased by 35.7% in 2014

The export volume of craft beer increased by 35.7% in 2014, representing 383,422 barrels and an estimated $99.7m, according to the Brewers Association, a trade group for small and independent craft brewers.

 Brazil, South Korea, Thailand and the United Kingdom were the fastest growing markets for craft beer in2014, with the sector witnessing strong growth of 63.9% in Brazil, followed by 38.1% in the Asia-Pacific region (excluding Japan), 36.6% in Western Europe, 32.3% in Canada and 31.7% Japan.

The top five markets for the American craft beer remained almost the same in 2014, with South Korea trumping Japan for fifth place.

With regard to market share, Canada accounted for 53% of exports followed by Sweden with 12%, the UK 10.7%, Australia 5.1%, and Korea 3.4%.

 Brewers Association chief executive officer Bob Pease said: "Small and independent brewers are spreading the culture and community of craft beer around the globe.

"Beer drinkers internationally are embracing the innovation and flavors offered by American craft brewers. The Brewers Association is pleased to assist our members with increasing their access to markets abroad."

 

 

Source: http://www.drinks-business-review.com/news/american-craft-beer-exports-increase-357-250315-4539705
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US Craft Beer Exports Increase 35.7%