Laos Alcoholic Drink Industry Outlook 2022 - 2026

Key Market Indicators

Laos' alcoholic drink consumption is predicted to drop slightly by 0.3% over the next five years, from 41 thousand metric tons in 2021 to 40.07 thousand metric tons in 2026. Since 2017, Lao demand has increased by 1.7% year on year. In 2021, the country was ranked 36th in the world, while Chile overtook it with 41 thousand metric tons. India, Japan, and Russia followed in second, third, and fourth place, respectively. Meanwhile, Laos' alcoholic drink exports are expected to increase 3.6% each year, from $256.45 million in 2021 to $319.76 million in 2026. Since 2015, Lao supply has seen a 6.8% year-on-year growth.

Laos Alcoholic Drink Market Data and Forecasts

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