The spirits consumption per capita in the Philippines stands at 3.4 liters of pure alcohol in 2024, showing a consistent pattern by maintaining the same consumption level into 2025. The forecast indicates a very modest increase from 2026 to 2028, with values rising slightly from 3.41 to 3.43 liters of pure alcohol. This signifies a stable yet marginal year-on-year growth rate, with less than a 1% increment.
Variations:
- 2024 to 2025: 0% increase
- 2025 to 2026: 0.29% increase
- 2026 to 2027: 0.29% increase
- 2027 to 2028: 0.29% increase
CAGR (2024-2028): 0.21%
The future trends to watch for include potential shifts in consumer preferences towards premium and craft spirits as income levels and urbanization continue to rise. Additionally, government policies and health campaigns might impact future consumption patterns. Monitoring these factors will provide deeper insights into the long-term projections of spirits consumption per capita in the Philippines.