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Dec Dud: Domestic Taxpaids Dropped 8%, 1.1 Mil Bbls in Dec;  US Biz Down Over 1% for Yr  

Not the note that beer biz hoped for at end of a tough year.   Following Oct-Nov gains, domestic taxpaid shipments suffered unexpectedly steep drop in Dec.  Down 1.096 mil bbls, 8%.  Finished yr down 3.8 mil bbls, 2.2%, estimates Beer Inst economist Michael Uhrich.  That was worst annual shipments decline for domestic brewers since 1954, Michael pointed out.  OUCH.   Some of drop attributable to lower inventories and 1 less selling day, Michael also noted. Distrib inventories down an avg 10% during Dec.  But even with 1.1 mil-bbl, 3.3% gain for imports thru Nov, means total US biz down 2.7 mil bbls, 1.3% in available data. That’s about a half point worse than INSIGHTS estimated and also total US industry’s worst yr since 2011.   

INSIGHTS Express, Vol 20, #16; Jan 26, 2018


First Peek’s A Strong Week in 2018 Scans, But It’s Just One; 4-Week Trend Still -0.6%  

Can’t get too excited about a single week, but late-2017 scans were soft and nice to see 4.6% volume pop in first week of Nielsen all-outlet scans.  Every major supplier except Pabst posted positive thru Jan 6.  Constellation, Boston and Mike’s flew outta the gate with big % jumps.  Coors Light and Miller Lite each up slightly; Bud Light reduced dropoff rate to -1.4%.  For 4 wks, volume still off 0.6%, with similar trends to Dec, tho Boston turned solidly positive (+5%), with very easy comp.

INSIGHTS Express, Vol 20, No 9; Jan 16, 2018


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The 2018 Beer Insights Spring Conference will be held at the Ritz Carlton Hotel in Chicago on Wednesday evening, 5/16 -  and all day Thursday, 5/17