“Prospects for growth are exceptionally bright due to the country’s young, fast growing, and highly urbanized population, the strong presence of premium US brands, and the proliferation of social media,” GAIN said. READ:
December 25, 2022 | 7:46 pm
“Prospects for growth are exceptionally bright due to the country’s young, fast growing, and highly urbanized population, the strong presence of premium US brands, and the proliferation of social media,” GAIN said. The report attributed the strong imports to the decline in the average price of preferred products, as many consumers opted for low-alcohol by volume drinks such asIn 2022, distilled spirits imports are expected to increase 20% to $143 million, equivalent to 87 million liters. This year’s levels are beginning to approach the totals from the last pre-pandemic year, 2019, when imports of distilled spirits hit $153 million or 103 million liters.
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