Key Market Indicators
**Jamaican Alcoholic Drink Consumption to Decline by 2028** Jamaica's consumption of alcoholic drinks is projected to decrease from 8,000 metric tons in 2023 to approximately 6,300 metric tons by 2028, marking an annual decline of about 3.5%. This trend signifies a reversal from the 2.7% annual growth observed since 2019. As of 2023, Jamaica ranks 83rd globally in alcoholic drink consumption, with Nepal slightly ahead at the same consumption level of 8,000 metric tons. Leading the global rankings are India, Japan, and Russia, occupying the second, third, and fourth spots respectively. **Export Market Set to Contract** Jamaica's alcoholic drink exports are also expected to shrink. By 2028, exports are forecasted to fall to roughly $69 million from the current $84 million in 2023, representing an average annual decline of 3.1%. This continues a long-term downward trend, as Jamaican alcoholic drink exports have decreased by 3.2% annually since 1996.
