Key Market Indicators
Malawian alcoholic drink consumption is projected to reach approximately 5,800 metric tons by 2028, up from 5,000 metric tons in 2023. This marks an average annual growth of 2.2%. However, since 2019, the country's demand for alcoholic beverages has seen a decline of 3.6% annually. In 2023, Malawi ranked 95th globally in alcohol consumption, with Madagascar surpassing it at a similar consumption level. India, Japan, and Russia secured the second, third, and fourth spots, respectively. On the export front, Malawian alcoholic drink exports are forecasted to hit around $29.6 million by 2028, up from $24.4 million in 2023. This indicates an average annual growth rate of 3%. Since 1995, the country's alcohol supply has increased by 4.9% per year.