Philippines: Distilled Spirits Market Brief

  |   Attaché Report (GAIN)   |   RP2022-0067

The United States is among the top five suppliers of distilled spirits to the Philippines, supplying mostly whiskey. Philippine importation of U.S. distilled spirits in 2021 dropped to $4.6 million, 42 percent lower than the pre-pandemic level. As the hospitality and food service sectors ease into post-pandemic recovery mode, traders are optimistic that sales of U.S. distilled spirits to the Philippines will climb to $5.3 million in 2022, up 15 percent year-on-year. Prospects for growth are exceptionally bright due to the country’s young, fast growing, and highly urbanized population, the strong presence of premium U.S. brands, and the proliferation of social media.

Related Reports

Attaché Report (GAIN)

Spain: Spain Seafood Report 2024

Spain is one of the world’s largest markets for fish and seafood. In 2023, Spain was the fourth largest importer of fish and seafood in the world after the United States, China, and Japan.
Attaché Report (GAIN)

Malaysia: Food Processing Ingredients Annual

The Malaysian food and beverage manufacturing industry is a significant sector in Malaysia’s economic expansion for both the domestic and export market. This sector includes several multinational corporation facilities as well as a range of local company operations.
Attaché Report (GAIN)

Uruguay: Grain and Feed Annual

Uruguayan wheat production in marketing year (MY) 2024/2025 is forecast at 1.3 million tons, 260,000 tons lower than the previous crop season which saw record high yields. Wheat exports are projected down at 800,000 tons, 29 percent lower than the previous year.