Food & Drink

Mezcal value climbs in 2020

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twenty ninth June, 2021 by Kate Malczewski

Regardless of the challenges of the Covid-19 pandemic, the overall worth of the mezcal class rose by 18% final 12 months, in line with the most recent information from the Consejo Regulador del Mezcal (CRM).

Mezcal manufacturing grew by 9.8% in 2020

The certification physique’s just lately launched figures present that mezcal’s worth grew from MXN$6.9 billion pesos to MXN$8.2bn pesos (US$349.5m to US$413.3m) in 2020.

Manufacturing of mezcal rose by almost 10% final 12 months, with 7.9 million litres of mezcal produced, up from 7.2m in 2019 – a 9.8% improve.

The mezcal artesanal subcategory dominated the market in 2020, comprising 86% of bottlings – down barely from 87% in 2019. The usual mezcal classification represented 12%, and mezcal ancestral made up 2%.

Espadín remained essentially the most generally used species of agave, making up 90% of manufacturing, and the state of Oaxaca continued to make the overwhelming majority of mezcal (92.7%).

In the meantime, IWSR Drinks Market Evaluation mentioned the mezcal class was down 7.2% in quantity gross sales globally final 12 months, pushed by declines in Mexico and Europe, however famous a 2.2% improve in worth.

Shopper curiosity within the class has developed lately, and in 2020, alcohol e-commerce platform Drizly saw a 600% year-on-year increase in mezcal gross sales. Its development has been pushed partly by the acquisition of independent producers by giant spirits firms.

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