Key Market Indicators
Sales of beverages in Malaysia are expected to reach $10.5 billion by 2026, up from $9.54 billion in 2021, indicating an average year-on-year growth of 1.6%. Since 2010, the Malaysian market has grown by 4.3% annually. In 2021, the country was ranked 28th, with Belgium surpassing its figure of $9.54 billion. Japan, Germany and the United Kingdom held the second, third and fourth spots respectively. Malaysian alcoholic beverage exports are projected to reach $895.51 million by 2026, up from $810.68 million in 2021, with an average year-on-year growth rate of 1.7%. Since 1994, the supply from Malaysia has decreased by 0.2% annually. Similarly, imports of beverages in Malaysia are projected to reach $885.5 million by 2026, up from $778.42 million in 2021, with a year-on-year growth rate of 2.2%. Since 1994, the demand for such products in the country has increased by 1.9% annually. In 2021, the country was ranked 28th, with India surpassing its figure of $778.42 million. The United Kingdom, Germany and China held the second, third and fourth spots respectively.
