Key Market Indicators
The country was ranked number 9 in 2021, South Korea came ahead with $1,484,600,000. Australia, UK and Canada respectively were numbers 2, 3 and 4 in this ranking. Alcohol consumption in South Africa is set to fall by 1% annually to 266,000 metric tons by 2026. This is a decrease of 0.1% since 2017. In 2021, South Africa ranked ninth in the world, with consumption of 282,000 metric tons. South Korea ranked first, followed by India, Japan and Russia. South African alcoholic drink exports are set to reach $1.6 billion by 2026, up 1.6% annually compared to $1.5 billion in 2021. Since 2005, exports have grown 4.4% year-on-year. In 2021, South Africa was ninth in the world, behind South Korea, Australia, the UK and Canada.