Forecast: Alcoholic Beverages Import Volume in Mexico

The import volume of alcoholic beverages in Mexico has seen a varied trend from 2014 to 2023. In 2023, the import volume stood at 669.0 thousand metric tons. Notable variations include a significant increase of 26.8% in 2015, declines during 2016 and the COVID-19 pandemic year of 2020 with a -15.26% drop. The volume rebounded with a 22.96% rise in 2021. Over the last five years, the compound annual growth rate (CAGR) averaged 1.7%.

Future projections suggest steady growth with the volume expected to reach 732.14 thousand metric tons by 2028, implying a forecasted 5-year CAGR of 1.42%. Key trends to watch include shifts in consumer preferences, economic factors affecting disposable income, and potential changes in trade policies.