Key Market Indicators
The country ranked number 3 in 2021, India came ahead with $994,420,000. India, Japan and Russia respectively came in numbers 2, 3 and 4 in this ranking. Consumption of alcoholic drinks in Japan is forecast to drop slightly to 1.11 million metric tons by 2026, from 1.12 million metric tons in 2021. This would represent an average yearly decrease of 0.1%. Demand for these beverages has grown 0.2% annually since 2017. In 2021, Japan was the world’s third-largest consumer of alcohol, behind India (1.12 million metric tons) and Russia (1.13 million metric tons). Exports of alcoholic drinks from Japan are expected to reach $1.22 billion by 2026, up from $994.4 million in 2021. This would represent an average yearly growth of 3.4%. Supply of these beverages has increased 10.3% per year since 1993. In 2021, Japan was the world’s third-largest exporter of alcohol, behind India ($994.4 million) and Russia ($1.14 billion).