Key Market Indicators
The beverage industry in the Philippines is set to grow significantly in the coming years. Filipina Beverage Import is projected to reach almost $845 million by 2026, up 3.1% year on year. This is a jump of 8.2% since 2001. Latvia overtook the country in 2021, with $699.8 million, while the United Kingdom, Germany, and China ranked second, third, and fourth respectively. Filipina Alcoholic Drink Export is also estimated to grow, reaching $159.8 million by 2026. This is a 2.9% growth year on year, and a 5.4% increase since 2001. Filipina Beverage Sales is predicted to reach $21.3 billion by 2026, increasing by 2.4% year on year. This is a rise of 3.3% since 1995. Australia topped the ranking in 2021, with $18.5 billion, while Japan, Germany, and the United Kingdom respectively came in second, third, and fourth.