18 reports

  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • LIST OF CONTENTS AND TABLES

Alcoholic drinks saw negative volume growth for the fourth year in a row in 2017. However, it seemed to adjust following the large supply shock suffered in 2016 when producers and importers were unable to purchase intermediate inputs and final products. While the Venezuelan government keeps a tight grip on the supply of foreign currency, companies...

  • Alcoholic Drink
  • Cider
  • Venezuela
  • Demand
  • LICORES MUNDIALES IN ALCOHOLIC DRINKS (VENEZUELA)
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW

In 2016, the average unit price of alcoholic drinks saw a sharp increase, which was due to two main factors – the high inflation rate and the devaluation of the local currency. In 2015, the country introduced the Marginal Currency System (SIMADI) for the purchase and sale of foreign currency. This new exchange rate joins a number of others...

  • Alcoholic Drink
  • Venezuela
  • Demand
  • Trade
  • EMPRESAS POLAR CA

Empresas Polar will continue to focus on maintaining its production levels of beer as its operations have been threatened by shortages in the main raw materials and inputs. Empresas Polar is also investing in expanding its position within wine via its domestic wine manufacturing subsidiary Bodegas Pomar. Euromonitor International Local...

  • Alcoholic Drink
  • Beverage
  • Venezuela
  • Market Size
  • RON SANTA TERESA CA

In 2016, Ron Santa Teresa was ranked sixth in alcoholic drinks with a total volume share of ##%.

  • Alcoholic Drink
  • Rum
  • Spirits
  • Venezuela
  • Demand
  • Alcoholic Beverages Categories Market Share, 2016
  • Alcoholic Beverages Consumption Volume & Growth by Category, 2015-16

Venezuela Beer and Cider Market Insights 2017 Summary GlobalData’s Venezuela Beer and Cider Market Insights 2017 report provides a complete overview of the Venezuela beer and cider industry structure offering a comprehensive insight into historical background trends, 2016 performance and 2017 outlook. Scope Covering...

  • Alcoholic Drink
  • Venezuela
  • Market Size
  • Price
  • Supply

Difficulties in accessing foreign currency and the higher tax rates will remain important factors which will continue to negatively affect the sale of alcoholic drinks over the coming years.

  • Alcoholic Drink
  • Beverage
  • Venezuela
  • Demand
  • Market Competition
  • June 2017
  • COMPLEJO LICORERO PONCHE CREMA CA

Complejo Licorero Ponche Crema will continue to focus on maintaining the production levels of its Ponche Crema brand as its operations have been threatened by shortages in the main raw materials and inputs. Euromonitor International Local Company Profiles are a concise set of briefings detailing the strategic direction taken by a company....

  • Alcoholic Drink
  • Beverage
  • Venezuela
  • Supply
  • Trade
  • KEY FACTS
  • TAMAYO & CÍA SA

Tamayo & Cía will continue to focus on maintaining its leadership in wine, being an important distributor and importer of Chilean wines. Difficulties in accessing foreign currency and higher tax rates will remain important factors affecting sales of wine over the coming years. Euromonitor International Local Company Profiles are a concise...

  • Alcoholic Drink
  • Wine
  • Venezuela
  • Demand
  • Tamayo & Cía SA
  • June 2016
  • KEY FACTS

Cervecería Regional will remain focused on maintaining its leading position in the western region of Venezuela and increasing its presence in the central zone and capital district. It will continue to develop mass media marketing campaigns to support its flagship brand Regional Light, which accounts for over 70% of the company’s total volume...

  • Alcoholic Drink
  • Beverage
  • Venezuela
  • Demand
  • Cisneros Group
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • Passport 12

Cider/perry declined in total volume terms in 2017, with most of the sales being concentrated in the last quarter of the year as the highest demand traditionally happens during the Christmas season. Volume sales have fallen due to lower demand and a very limited supply. No imports have been detected since 2015, leading to the exhaustion of...

  • Alcoholic Drink
  • Cider
  • Venezuela
  • Demand
  • Trade
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • LIST OF CONTENTS AND TABLES

Wine-based RTDs remains, by far, the largest category due to the products’ affordability and sweet taste which is very appealing to Venezuelan consumers. In fact, demand increased over the review period as some consumers found wine-based RTDs to be a substitute for still red wine, which saw its average unit price skyrocket as a result of fluctuations...

  • Alcoholic Drink
  • Beverage
  • Venezuela
  • Demand
  • Trade
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • EMPRESAS POLAR CA IN ALCOHOLIC DRINKS (VENEZUELA)

Beer has high penetration in Venezuela. In 2016, shortages continued to be seen for many products from the basic shopping basket including milk, flour, rice, toilet paper and sanitary protection, among others. The delays generated in the settlement of foreign exchange to meet payment commitments with international suppliers has led to the...

  • Alcoholic Drink
  • Beer
  • Venezuela
  • Demand
  • Trade
  • 4.1. VALUE AND VOLUME ANALYSIS - WINE SECTOR IN VENEZUELA
  • MARKET SIZE ANALYSIS BY VALUE AND VOLUME, WINE SECTOR, 2011-2021

Moreover, increased tax on alcoholic beverages has further limited sector growth.

  • Alcoholic Drink
  • Wine
  • Venezuela
  • Market Size
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • Brand

Total volume sales of beer declined again in 2017. Traditionally, beer shows steady volume growth much aligned with the population growth rate but imports of raw inputs have fallen by 50-70% from historic levels. Malt barley and hops must be imported, so delays in the allocation of foreign currency – which is tightly controlled by the government...

  • Alcoholic Drink
  • Lager
  • Venezuela
  • Demand
  • Trade
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • Brand

Wine showed negative growth in total volume terms in 2017, continuing a downward trend that started in 2013. During the review period, wine’s performance was largely determined by the insufficient amount of foreign currency quotas allocated for importing products, causing a limited supply leading to soaring prices. Looking for affordable substitutes,...

  • Alcoholic Drink
  • Beverage
  • Wine
  • Venezuela
  • Demand
  • ALCOHOLIC DRINKS IN VENEZUELA - INDUSTRY OVERVIEW
  • RON SANTA TERESA CA IN ALCOHOLIC DRINKS (VENEZUELA)

Spirits saw an important increase in 2017 after the major shock in 2016, which was due to a significant fall in the supply of imported products. Brandy and cognac, liqueurs, tequila (and mezcal) and whiskies saw steep declines in total volume sales in 2016, which continued in 2017. However, supply has been rearranged to domestic production...

  • Alcoholic Drink
  • Spirits
  • Venezuela
  • Demand
  • Venezuela Wine & Spirits Sales Distribution (Ltr Million)
  • Appendix - Sector Overview

Summary The Venezuelan Spirits market is led by the rum category in both value and volume terms, which is also forecast to register fastest growth during 2015-2020. Hypermarket and Supermarkets is the leading distribution channel in the country. Diageo Plc is the leading player in the market. Screw Top is the most commonly used closure...

  • Alcoholic Drink
  • Venezuela
  • Market Size
  • Diageo plc
  • Pernod Ricard SA

The contraction of alcoholic drink categories was mainly attributed to beer, as it is the largest category.

  • Alcoholic Drink
  • Beer
  • Venezuela
  • Demand