Key Market Indicators
Uruguay is set to see beverage imports rise to nearly $90 million by 2026, according to new projections. The country's imports grew at a rate of 2% annually over the past few years, from $77.5 million in 2021. It's now in 91st place in the global rankings, behind Montenegro at $77.5 million. The United Kingdom, Germany and China were the top three countries in the ranking. Exports of alcoholic drinks from Uruguay are also expected to grow, from $28.3 million in 2021 to $33.4 million in 2026, with an annual growth rate of 2.8%. Since 1999, the country's supply has grown by nearly 10% per year. Uruguay's beverage sales totaled $3.2 billion in 2016, down from $3.4 billion the previous year.
Uruguay Beverage Market Data and Forecasts
How much will Uruguay Beverage Market grow to 2026?
More in Beverage Industry for 2027Improve your Knowledge with the latest Indicators and Trends
-
Beverages Sector Insights: Unleashing Potentials in Hot Drinks and Healthy Alternatives
New Zealand's beverage sector presents a robust potential in the hot drinks market. Comprised largely of coffee and tea, this segment has seen a consistent demand. Consumers rising interest in novel tastings, single-origin coffee beans, and niche teas has further enhanced its potential. Additionally, a noticeable shift towards the consumption...
Read more -
Soft Drinks: Navigating the Market Dynamics of Top Beverage Contenders
In the soft drinks industry, certain companies have long asserted their dominance. Major players, such as The Coca-Cola Company, PepsiCo, and Nestlé, enjoy global recognition and a significant market share. They have a broad product lineup, from carbonated beverages to juice drinks, fortified with marketing efforts that target various consumer...
Read more -
Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques
Shifting consumer preferences and fierce competition have driven the brewing industry towards innovation. Sophisticated practices in beer-producing techniques, unique flavors and craft-style brewing have been incorporated to meet evolving demands. Sustainability is another crucial facet of the industry's innovation, with many breweries employing eco-friendly processes and packaging. Furthermore, automation and...
Read more -
Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands
Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...
Read more -
Beverage Sector: Diving Deep into Juice and Energy Drinks Market Sizes
Nourishing consumer interest in health-centric beverages, juice and energy drink markets have witnessed stable growth. Consumers’ increasing awareness concerning the health benefits of natural and organic juices, devoid of artificial additives, has proven to be a significant growth factor for the juice industry. On the other hand, driven by an...
Read more