Industry Analysis & Industry Trends
Australia imports most of the spirits it consumes. As a result, the Spirit Manufacturing industry only supplies 39.9% of domestic demand. For many products, some degree of transformation occurs domestically, particularly in the case of ready-to-drink (RTD) beverages. The primary spirit manufactured domestically is rum, made from sugar cane, while spirits that are mixed or blended locally are also considered as manufactured in Australia. Many industry participants are engaged in transforming high-proof spirits to low-proof products such as RTDs and liqueurs. As the manufacturing of Australian spirits has developed, particularly with gin and whisky, industry revenue has grown at a compound annual rate of 2.5% over the five years through 2013-14. Growth over 2013-14 of 2.9%... purchase to read more
Industry Report - Industry Products Chapter
There is a limited range of spirits produced in Australia, which can be broadly segmented into RTD spirits and bottled spirits. The segmentation of spirits produced in Australia is significantly different to that consumed in the domestic market. This is because most of the RTDs consumed in Australia are produced domestically, while many of the full-strength spirits consumed in Australia are imported. This means that domestic spirit production is skewed heavily towards the production of RTDs.
Bottled spirits make up only a small part of the industry's product segmentation. Bottled spirits are subject to heavy import competition from Europe and the United States... purchase to read more