Jamaica Alcoholic Drink Industry Outlook 2022 - 2026

Key Market Indicators

Jamaicans' demand for alcoholic drinks is set to decline over the next five years. In 2021, the country consumed 6.38 million metric tons of alcoholic beverages, down 4% from 8 million metric tons in 2021. This downward trajectory is expected to continue at an average rate of 4% per year. In 2021, Jamaica ranked 84th in the world for alcoholic drink consumption, falling behind Nepal at 8 million metric tons. India, Japan, and Russia ranked 2nd, 3rd, and 4th, respectively. The export of alcoholic drinks from Jamaica is also expected to decline over the next five years. In 2021, exports of alcoholic drinks from Jamaica totaled $89.8 million, a decrease of 0% since 1996. This downward trend is expected to continue at an average rate of 3% per year, with exports reaching $75.2 million by 2026.

Jamaica Alcoholic Drink Market Data and Forecasts

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