American Craft Beer is Booming Globally, Exports Near $100 Million

The craft beer industry of the USA isn’t just pulling out market share from Budweiser, Miller and Coors. It’s beginning to impact brewers in other nations too. Craft beer is increasing by double figures at home, and it is actually picking up improvement globally, as well.

As reported by the Brewers Association, craft beer export quantity went up 35.7 % in 2014, totaling approximately $99.7 million. A number of craft brewers are already at the forefront of attempting to have their beer into the hands of European beer lovers, with two deciding to proceed as far as forgo the export path and develop brewing facilities in Europe.

Small and individual brewers are expanding the tradition and community of craft beer around the world. The beer consumers globally are enjoying the variety and tastes provided by American craft brewers.

Brazil expressed the rising interest in American craft beer, with year-over-year export increase in the country rising 64%. The Asia-Pacific region ( apart from Japan ) spotted a 38% boost. Western Europe was up 37% and Canada and Japan both equally shown a 32% jump.

When it comes to overall consumption, Canada had taken the most beer, which is around 53% of all overall exports. Sweden came in second with 12%. The United Kingdom accounted for 10%. Australia and South Korea got the 4th and 5th spots, while Japan imported reduced craft compared to previous years.

Currently, there are around 80 small and individual craft brewers export their beers, according to the Brewers Association’s Export Development Program. Overall export shipments were found in at 383,422 barrels – lower than 2% of the total amount of craft beer that’s brewed in the U.S.

Sweden continues to be a long-time growing region for Brooklyn Brewery, which last year started a brewery there in partnership with distributor D. Carnegie & Co. and Carlsberg Sweden. Stone Brewing Co. declared a year ago, they will be setting up their very own brewery in Berlin. 

Below are the leading export markets for U.S. craft beer, as stated by the Brewers Association.

Craft beer top 5 export markets, by market share

Canada: 53 percent
Sweden: 12 percent
United Kingdom: 10.7 percent
Australia: 5.1 percent
South Korea: 3.4 percent

 

Craft beer export markets, by volume growth

Brazil: 63.9 percent
Asia-Pacific (excluding Japan): 38.1 percent
Western Europe: 36.6 percent
Canada: 32.3 percent
Japan: 31.7 percent
 

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