Key Market Indicators
It was number 114 in 2021, with Belize being number 113 at $62,388,000. The United Kingdom, Germany and China respectively were numbers 2, 3 and 4 in this ranking. The Togolese beverage market is projected to reach $99 million by 2026. The market was valued at $82 million in 2021, recording an annual growth rate of 1.9%. Since 1999, Togolese demand has grown at a CAGR of 3.9%. In 2021, Togo was the 127th largest market for beverages, with Belize overtaking it for 126th place at $20.3 million. The United Kingdom, Germany and China were the top three markets for beverages in that year, in that order. Togolese alcoholic beverage exports are expected to reach $76.3 million by 2026, up from $62.4 million in 2021, at an average yearly growth rate of 3.4%. Since 1999, Togolese production has increased at a CAGR of 3.8%. In 2021, Togo was the 114th largest exporter of alcoholic drinks, with Belize being one place higher at $62.4 million. The United Kingdom, Germany and China were the top three exporters in that year, in that order.
