Beverage Dynamics

Beverage Dynamics March-April 2014

Beverage Dynamics is the largest national business magazine devoted exclusively to the needs of off-premise beverage alcohol retailers, from single liquor stores to big box chains, through coverage of the latest trends in wine, beer and spirits.

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24 Beverage Dynamics • March 2014 www.beveragedynamics.com W hile job growth in U.S. continues to move forward in fi ts and starts, the over- all U.S. economy is still in a modest re- covery mode. Depending on which economist or pundit you read or listen to, we are either on the verge of a sustained period of solid growth, in danger of slipping back into recession, or somewhere in be- tween. But given the volatility of the modern world, it could be unwise to accept the analyses of those who apparently speak with unwavering certainty. What is certain, however, is that overall distilled spirits sales volume increased in 2013 for the seventeenth consec- utive year, while overall wine sales volume saw positive results in 2013 for the twenti- eth year in a row. According to the latest statistics, just re- leased in the Handbook Advance 2014, pub- lished by the Beverage Information Group, total U.S. distilled spirits sales volume in 2013 rose to an estimated 210.6 million 9-liter cases, notching a 2.4% gain versus 2012. That represents a sales volume bump of nearly 5 million 9-liter cases over 2012. Importantly, over- all spirits retail revenue growth (the combined dollar total of off- and on-premise sales) also increased in 2013, by a healthy 4.2% to $75.82 billion, a gain of more than $3 billion over 2012. The higher percent- age gain in spirits revenue (versus spirits sales volume) underlines the ongoing trend of recent years: the dynamic sales activity among premium-priced and above-premium-priced spirits products. The same holds true in the wine segment. Total U.S. wine sales volume increased by an estimated 2.2% in 2013, to approximately 326.0 million 9-liter cases. This represents a sales volume gain of more than 6.8 mil- lion 9-liter cases versus 2012 totals. And similar to spirits, the move toward high- end purchases continued in the wine segment, evidenced by the segment's 3.6% revenue increase in 2013, to just under $30 billion. Beverage Dynamics identifi es the fastest-selling wines and spirits in the U.S. BY RICHARD BRANDES www.beveragedynamics.com March/April 2014 • Beverage Dynamics 24

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