Press Release:
(Washington, DC) – Today the Beer Institute published an unofficial estimate of domestic tax paid by beer brewers:
The March 2013 domestic tax paid estimate is 14,900,000 barrels. March 2012 removals were 15,564,000 (revised) for a decrease of 4.3%.
Please note the following monthly revisions from previous releases for 2012 and 2013:
| Month |
2012 |
2013 |
Percent Change |
Volume Change |
| January | 13,341,173 |
13,700,000 |
2.7% |
358,827 |
| February |
13,750,782 |
12,900,000 |
-6.2% |
-850,782 |
| March |
15,564,000 |
14,900,000 |
-4.3% |
-664,000 |
| YTD |
42,655,955 |
41,500,000 |
-2.7% |
-1,155,955 |
The Beer Institute is the trade association representing all brewers and beer importers, as well as industry suppliers.
So where is the increased consumption required to explain the need for all the brewery expansions taking place?
My guess is that AB-Inbev and Miller Coors sales have declined while craftbeer continues to rise.