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Spirits in Ecuador

Spirits: In-depth Industry Report in Ecuador

  • June 2017
  • 30 pages
  • ID: 189982
In this report:
Liqueurs total volume sales fell by ##% in 2016 due to declining consumption, while rum total volume sales fell by ##%, driven by a drop in category demand, and other spirits sales fell by ##%.
Spirits is expected to post a total volume CAGR of ##% over the forecast period, with sales reaching ## million litres in 2021

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Spirits in Ecuador has been strongly affected by tariff surcharges on imports and ICE tax, which applies to imported and local products. In response to the earthquake in April 2016, the government introduced a number of measures, containing an increase in ICE tax. Additionally, the economic downturn in 2016 has also affected demand, lowering the frequency of purchases and consumption. Spirits are heavily taxed, with around 50.0 percent of the end price going to the government as tax. Sales are concentrated...

Euromonitor International's Spirits in Ecuador report provides a thorough outline of the market magnitude and design at a national level. It offers up-to-date retail sales statistics (from 2012 to 2016), enabling you to grasp the segments generating growth. It highlights top firms and presents a strategic overview of main factors impacting the market, i.e. distribution, legislative or pricing issues. Projections to 2021 expose how the segment might evolve.

Product coverage: Brandy and Cognac, Liqueurs, Other Spirits, Rum, Tequila (and Mezcal), Whiskies, White Spirits.

Data coverage: market values (historic and estimations), number of company shares and market shares.

Few good reasons for buying this report

Get an in-depth picture of the Spirits market;

Point out growth segments and apprehend elements driving change;

Comprehend the competitive environment, the segment's main actors and major brands;

Use 5-year projections to apprehend how the segment is forecasted to change.

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ref:plp2017

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