Key Market Indicators
Uruguayan alcoholic drink consumption is projected to decline slightly over the next five years, decreasing from 7,000 metric tons in 2023 to approximately 6,900 metric tons by 2028. This represents an average annual decrease of 0.3%. The demand for alcoholic beverages in Uruguay has remained stable since 2019. In the global ranking for 2023, Uruguay holds the 87th position, with Zambia surpassing it at the same consumption level. On the export front, Uruguay's alcoholic beverage industry is set to see growth. By 2028, exports are expected to reach $36 million, up from $30 million in 2023, reflecting an average annual growth rate of 2.5%. This growth continues a long-term trend, as Uruguayan supply has increased by 3.2% annually since 1999. In the global context, India, Japan, and Russia were the top three countries in alcoholic drink consumption rankings.
