Forecast: Alcoholic Beverages Stock Variation in Philippines

The stock of alcoholic beverages in the Philippines stood at 852.7 Thousand Metric Tons in 2023. In 2024, it is forecasted to rise to 881.0 Thousand Metric Tons, marking a year-on-year increase of 3.3%. The positive trend continues, with the stock increasing to 910.0 Thousand Metric Tons in 2025 (3.3% increase), 938.0 Thousand Metric Tons in 2026 (3.1% increase), 966.0 Thousand Metric Tons in 2027 (3.0% increase), and 993.0 Thousand Metric Tons in 2028 (2.8% increase). Over the last five years, the Compound Annual Growth Rate (CAGR) stands at approximately 3.1%.

Future trends to watch for include potential changes in consumer preferences towards alcoholic beverages, regulatory impacts on production and distribution, and economic conditions that may affect discretionary spending on such goods. Monitoring these factors will be essential for anticipating further variations in stock levels.