Key Market Indicators
Ugandan alcoholic drink consumption is projected to reach approximately 16,000 metric tons by 2028, up from 15,000 metric tons in 2023. This marks a modest annual growth rate of 0.9% in compound annual growth rate (CAGR). Notably, since 2019, the demand for alcoholic beverages in Uganda has seen a yearly increase of 1.4%. In 2023, Uganda was ranked 74th in global alcoholic drink consumption, with New Zealand slightly ahead at the same level of 15,000 metric tons. India, Japan, and Russia occupied the second, third, and fourth positions, respectively. On the export front, Uganda's alcoholic drink exports are expected to hit $42 million by 2028, up from nearly $40 million in 2023. This represents an annual growth rate of 1% in CAGR. Since 1999, Uganda's supply of alcoholic drinks for export has increased by 0.3% annually.
