1、Annual Economic BriefingAnnual Economic BriefingFebruary 9,2023PresentersPresentersChristine LoCascioDistilled Spirits Councilof the United StatesChief,Public Policy&StrategyChris SwongerDistilled Spirits Councilof the United StatesPresident&CEOMichael MarianoTourism Economics,an Oxford Economics Co
2、mpanyHead of Economic DevelopmentHasan Bakir,Ph.D.Distilled Spirits Councilof the United StatesEconomics&Strategic Analysis2022 Economic Overview2022 Economic Overview Spirits sector remained resilient in 2022 despite challenging external environment U.S.supplier revenue grew 5.1 percent U.S.volume
3、grew 4.8 percent 13th straight year of market share gains First time spirits take lead revenue share of total U.S.beverage alcohol market3Christine LoCascioChristine LoCascioDistilled Spirits Councilof the United StatesChief,Public Policy&StrategySpirits industry is a major contributor to U.S.econom
4、yU.S.is second largest spirits market in the worldGenerates$200 billion in U.S.economic activity annuallySupports around 1.7 million jobs through the production,distribution and sale of distilled spirits in the U.S.In 2020,used 2.2 billion pounds of grains in production of U.S.whiskey,brandy,rum,gin
5、 and vodka5Marketplace TrendsMarketplace TrendsU.S.spirits industry continued growing in both revenue and volume in 2022in 20227$35.8$37.6 20212022Revenue Increased by$1.8BBillions291.1 305.0 20212022Volume Increased by 13.9M9-Liter Cases,MillionsPremiumization in the American Whiskey&Tequila Catego
6、riesSpirits RTDsOngoing On-Premise RecoveryMain Drivers of Spirits GrowthSource:DISCUS Market Segmentation Database,IWSR,and various industry publications.Note:Excluding Cocktails/RTDs,the spirits industry revenue grew by$1.2 billion(3.6%)while volume growth was flat.4.8%YOY Growth5.1%YOY GrowthSpir